Pimco’s Balls Points to Low Volatility in ‘Healthy’ Bond Market

Andrew Balls, global fixed income chief investment officer at Pimco, stated he is uncertain about the rationale for increased US Treasury purchases of long-dated bonds during a Bloomberg Surveillance interview. Balls identified several factors he considers positive within the fixed income market, including low volatility conditions. The remarks were made during an appearance on the Bloomberg financial news program.

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