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Bloomberg
Financial

Pimco's Balls Sees Good Value in Long End of Yield Curve

Andrew Balls, global fixed income CIO at Pimco, says one to two further interest-rate hikes from the Federal Reserve "seems reasonable" as the central bank targets a return to 2% inflation. He also explains why he sees "good value" in the long end of the Treasury yield curve amid uncertainty around artificial intelligence. He speaks on "Bloomberg Surveillance."

Leia mais: Pimco's Balls Sees Good Value in Long End of Yield Curve
Bloomberg
Financial

Iron Ore Prices Should be Higher, Vale CEO Says

Vale CEO Gustavo Pimenta says iron ore prices should be "a little higher" as surging energy and freight costs make about 10% of global seaborne supply unprofitable. Iron ore futures in Singapore fell below $90 a ton this week for the first time in two years and are down about 15% in 2026. Speaking on "The Pulse With Francine Lacqua", Pimenta discussed Chinese demand, rising mining costs and what Brazil's presidential election outcome could mean for the country's mining sector.

Leia mais: Iron Ore Prices Should be Higher, Vale CEO Says