Pimco says corporate bonds - especially bank bonds - will be big winners in 2010, benefiting...

|By:, SA News Editor

Pimco says corporate bonds - especially bank bonds - will be big winners in 2010, benefiting from a combination of stronger balance sheets, growing demand and shrinking debt issuance. "As the corporate sector de-levers while the federal government re-levers, bond market technicals should increasingly turn positive for corporate bonds and negative for Treasurys."