“10 year Treasury has no business below 4% though 4.5% more like it — too much supply/deficits despite slowing, soon-to-be 1% growth economy.”
In a post on X on Friday, the cofounder of Pimco also acknowledged Wall Street’s anxiety over the past week about problems lurking in banks’ loan books.
Disclosures on Thursday from Zions Bancorporation and Western Alliance Bancorp about dodgy borrow… [2479 chars]
Source: Fortune | Published: 2025-10-18T16:54:11Z
Credit: Fortune
