Pimco's Gross Cuts Government Debt as Treasurys Dropped

Pimco's Gross Cuts Government Debt as Treasurys Dropped

The proportion of U.S. government-related debt in the $232 billion Total Return Fund was 41 percent, the company's website showed, compared with 43 percent in February. Mortgage bonds accounted for 23 percent, versus 29 percent in February, which was …

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