Latest news with #PGIM Fixed Income
Bloomberg
7 hours ago
- Business
- Bloomberg
One-Time Bond Pariahs Go Neck and Neck With Germany, France
A decade and a half ago, Guillermo Felices was helping clients navigate Europe's sovereign debt crisis. Now, he's extolling the bonds once at the center of that storm. Italy, Spain, Ireland, Portugal and Greece, which nearly collapsed under the burden of their debt in 2011, have since transformed into top picks for firms like PGIM Fixed Income, where Felices works as a London-based investment strategist.
Bloomberg
23-07-2025
- Business
- Bloomberg
Automakers Surge as Trump Announces Trade Deal With Japan
President Donald Trump reached a trade deal with Japan that will impose 15% tariffs on imports including automobiles from the key American ally, while creating a $550 billion fund to make investments in the US. The agreement, touted by Trump after he secured breakthroughs in a final 75-minute Oval Office meeting Tuesday with Japanese negotiators, spares the nation from a threatened 25% tariff that was set to take effect next week. 'They had their top people here and we worked on it long and hard, and it's a great deal for everybody,' Trump said at a White House event Tuesday evening. Today's guests, Katharine Neiss, PGIM Fixed Income Chef European Economist, Rakesh Shaunak, MHA CEO, Michael Haigh, SocGen CIB Fic & Commodities Research Head (Source: Bloomberg)
