Pimco sees Bank of Canada turning cautious, bets on short end

[ahlam1399]

http://img-s-msn-com.akamaized.net/tenant/amp/entityid/AApawVf.img?h=100&w=100&m=6&q=60&o=f&l=f(Bloomberg) -- Pacific Investment Management Co. is hugging the short-end of the Canadian bond market, betting the countryâ??s central bank will turn cautious after raising interest rates this month.

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