Published Jun 17, 2026, 6:31 PM ET · Updated 5 months ago · 1 source

Pimco Favors Australian Bonds, Betting on Rate Cuts Next Year

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Pimco Favors Australian Bonds, Betting on Rate Cuts Next Year

Pacific Investment Management Co. is favoring five- to 10-year Australian debt, wagering the central bank will ultimately be forced to pivot to interest rate cuts to support a slowing economy.