Perpetual Sells Bonds, Cuts Cash as Fed Slows Quantitative Tightening
Australian money manager Perpetual sold off some government bonds and cut its cash holdings in its flagship fixed-income fund following the Federal Reserve’s recent decision to reduce its balance sheet at a slower pace.
Australian money manager Perpetual sold off some government bonds and cut its cash holdings in its flagship fixed-income fund following the Federal Reserve’s recent decision to reduce its balance sheet at a slower pace.
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