Pimco says 'more constructive' on Treasuries as bond yields have risen
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E-mailNEW YORK (Reuters) - Pacific Investment Management Co, which oversees more than $1.69 trillion in assets, has become "more constructive" on U.S. Treasuries as bond yields have risen, Dan Ivascyn, group chief investment officer at Pimco, said on Wednesday.
Ivascyn said: "Growth and inflation will remain reasonably well contained."
(Reporting By Jennifer Ablan; Editing by Chizu Nomiyama)
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