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7:43
MSN
Bloomberg
PIMCO President Sees Opportunity, Caution Ahead
PIMCO President Christian Stracke joined Bloomberg Open Interest to talk about the diverging picture in credit markets. On one hand, he sees strong, investment-grade borrowers funding AI data centers on one side, and on the other he sees speculative or "zombie" firms buckling under high rates. Stracke expects the default cycle to continue but ...
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