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Fixed Income News: PIMCO’s Ivascyn Has a Fed Warning, Nuveen Expects Yields to Fall, Vanguard Favors High Quality

PIMCO’s Dan Ivascyn tells Bloomberg TV that even if the Fed does pause hiking, it’s “dangerous to think they are done.” Nuveen expects “higher for longer” rates, but thinks yields will come down slightly. Finally, Vanguard writes that the global bond market is approaching cruising altitude.