If 2023 was the year of artificial intelligence (AI), then 2024 will be the year of the bond – or that’s what the Pacific Investment Management Co. (Pimco) seems to believe. Pimco is best known for its Total Return Fund, a bond-based mutual fund that has achieved equity-like returns without the risk inherent in stocks. The asset-management giant produces an annual report on the global
Bonds could boom in 2024
Feb 16, 2024
2 minutes
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