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Pimco Says ‘Credit Loss Cycle’ Has Begun, Favors Quality Bonds | Collector
Pimco Says ‘Credit Loss Cycle’ Has Begun, Favors Quality Bonds
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Pimco Says ‘Credit Loss Cycle’ Has Begun, Favors Quality Bonds

Pacific Investment Management Co. is warning that the “credit loss cycle is upon us” as heavy spending on artificial intelligence could widen economic outcomes and hit lower-quality borrowers.

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