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PTY and PDI: Abyssal Configurations (NYSE: PDI)

Bubble, rising price situation.  US dollar texture.

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We’ve already covered the PIMCO junk bond funds. On our recent coverage, we had improved PIMCO Corporate & Income Opportunity Fund (New York stock market :PTY) to a “Hold” rating after having them at “Strong Sell” earlier in 2022.

We usually gave

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