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MARC SEIDNER
US' PIMCO recommends Fed halt mortgage unwind to boost housing marketPIMCO advises the Federal Reserve to reconsider its strategy. The firm suggests pausing the reduction of mortgage holdings. This action cou...- Pimco veteran says recession possible in as early as three yearsThe US yield curve has flattened to about 23 basis points, a level unseen since 2007.
- Bill Gross regains his footing at Janus CapitalGross’s $1.5 billion Janus Global Unconstrained Bond Fund has returned 2.4% in the past month as Treasuries rallied and the dollar gave up ...
- Harvard endowment looks to regain lost sheenMohamed El-Erian took over the management of Harvard University’s $29.2-billion endowment, the world’s largest, five months after its previ...
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