Pimco Says China Current Account Shift to Pressure Global Bonds
A Pacific Investment Management Company LLC (PIMCO) advertisement is displayed on a building in Hong Kong, China, (Photographer: Brent Lewin/Bloomberg)

Pimco Says China Current Account Shift to Pressure Global Bonds

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(Bloomberg) -- China’s current-account shifting into deficit will pressure global bond markets and speed the yuan’s move toward a more flexible trading regime.
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