Reported 2 days ago
PIMCO, a prominent U.S. bond investment firm, has expressed a bearish view on the dollar and long-term Treasury bonds, citing increased protectionism in U.S. trade policy, which has prompted global investors to reconsider their reliance on U.S. assets. The recent market turmoil and selloff in Treasuries and the dollar following tariff implementations raise concerns about the long-term safe-haven status of the U.S. dollar, suggesting a shift towards foreign bond markets as viable alternatives.
Source: YAHOO