A screen displays the US Federal Reserve rate announcement on the floor of the New York Stock Exchange. Rising interest rates have affected bond market investments. Reuters
A screen displays the US Federal Reserve rate announcement on the floor of the New York Stock Exchange. Rising interest rates have affected bond market investments. Reuters

Business

Markets

Pimco's third-party investors withdraw $29bn as rising interest rates hit bond funds

Analysts at Citigroup said Pimco outflows were significantly higher than expected

Bloomberg

August 06, 2022