Pimco: Bonds 'Starting to Look Quite Attractive'
Pimco's Mohit Mittal says bond markets have repriced the outlook for rate cuts. "There's a scenario where the central banks don't have to deliver as many cuts if inflation continues to come in above expectations, but generally, given the cheapness, the bond market is starting to look quite attractive," he tells Bloomberg Television. (Source: Bloomberg)
Pimco's Mohit Mittal says bond markets have repriced the outlook for rate cuts. "There's a scenario where the central banks don't have to deliver as many cuts if inflation continues to come in above expectations, but generally, given the cheapness, the bond market is starting to look quite attractive," he tells Bloomberg Television. (Source: Bloomberg)
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