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Real Yield Likely to Stay Lofty, Says Pimco’s Crescenzi
Posted
December 12, 2023
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3:27Now PlayingTony Crescenzi, market strategist at Pacific Investment Management Co. (Pimco), says the US economy can handle the new positive interest rate regime “to some extent,” except in one major way, as he sees inflation continuing to decline in 2024.
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