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Made in Germany

The Government Bond Crisis - Pimco's Investment Strategies

The European Central Bank is set to make a decision this week on whether or not to buy more government bonds from crisis-hit countries in Southern Europe in order to reduce their interest burden. It's a strategy that has many critics.

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Skeptics think it increases the risk of inflation and also jeopardizes financial markets' trust in the ECB. The end result could be an actual worsening of the euro crisis. How does Pimco, the world's largest bond fund, feel about the ECB's bond buying program?