Pimco Sees Record Asia Dollar Bond Sales as Spreads Narrow

The manager of the world’s biggest bond fund forecasts sales of dollar-denominated notes from Asia will climb to a record $150 billion in 2014 as yield premiums shrink to a six-year low. Pacific Investment Management Co. predicts the size of the regional market may double to $1 trillion in three …

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Pimco Sees Record Asia Dollar Bond Sales as Spreads Narrow