By Dena Aubin
NEW YORK, June 10 (Reuters) - A powerful rally that fueled double-digit gains in U.S. corporate bonds since October is due for a pause, a manager at the the world's biggest bond investment firm said.
"We're a little more cautious on the market, given that we've had this strong run," said Mark Kiesel, portfolio manager for Pacific Investment Management Co. But he added: "We still think a diversified portfolio of corporate bonds is going to do OK."
...Sign in to access
this Article
"FUND VIEW-Pimco sees corporate bond rally fading" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. To obtain Premium status, please contact us.
Why Become a Premium Subscriber?
WardsAuto.com Premium subscribers have access to the full breadth of Ward’s articles, news, analysis and features as well as all the Ward’s data and statistics as soon as they are available in Excel spreadsheet format. Learn more about the benefits of Premium access here.
