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PIMCO Starts Dumping Bonds, Fears “Helicopter Money” Is Around The Corner

Summary:
Amid a collapse in global bond yields (to record lows) and soaring aggregate volumes of central-bank-created negative-yielding debt, at least one big bond shop is dumping sovereigns. https://www.zerohedge.com/news/2019-08-20/pimco-starts-dumping-bonds-fears-helicopter-money-around-corner

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Amid a collapse in global bond yields (to record lows) and soaring aggregate volumes of central-bank-created negative-yielding debt, at least one big bond shop is dumping sovereigns.

PIMCO Starts Dumping Bonds, Fears “Helicopter Money” Is Around The Corner

https://www.zerohedge.com/news/2019-08-20/pimco-starts-dumping-bonds-fears-helicopter-money-around-corner

David Stockman
David Alan Stockman (born November 10, 1946) is a former businessman and U.S. politician who served as a Republican U.S. Representative from the state of Michigan (1977–1981) and as the Director of the Office of Management and Budget (1981–1985) under President Ronald Reagan.

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