Banking Crisis' Impact on European, US' Credit Markets, Real Economy Is Far From Over, PIMCO CIO Says
Zhang Yangyang|Yin Fan
DATE: Apr 25 2023
/SOURCE: YICAI
(Yicai Global) April 25 -- Andrew Balls, PIMCO's CIO for Global Fixed Income, told Yicai Global that the impact of the recent banking crisis on the credit and real economy markets in Europe and the US is far from over, and that the US recession could be deeper and arrive faster than expected.
