Pimco's Gross Cuts US Government Debt as Treasuries Dropped

Pimco's Gross Cuts US Government Debt as Treasuries Dropped

The proportion of U.S. government-related debt in the $232 billion Total Return Fund (PTTRX:US) was cut to 41 percent, the company's website showed yesterday, from 43 percent in February. Mortgage-bond holdings were reduced to 23 percent, the lowest …

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