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Pimco: Treasury Selloff Overdone On Fed Misread

Friday, August 23, 2013 - 8:33 PM
The selloff in Treasuries has gone too far as markets misread the Federal Reserve’s signal it may slow bond purchases by bringing forward expectations for interest-rate increases, Pacific Investment Management Co. said.

Pimco: Treasury Selloff Overdone on Fed Misread
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