Pimco Embraces an Unloved Market as Fed-Cut Bets Look ‘Overdone’
A man walks past a Pacific Investment Management Company LLC (PIMCO) advertisment which is displayed on a building in Hong Kong, China. (Photographer: Brent Lewin/Bloomberg)

Pimco Embraces an Unloved Market as Fed-Cut Bets Look ‘Overdone’

(Bloomberg) -- It’s tough these days for investors who don’t believe the U.S. economy is headed for disaster.
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