PIMCO: Crisis may lock in low interest rates for up to five years

At the world's largest bond investor, extremely low rates are expected for up to five years.
The European Central Bank in Frankfurt. | Photo: Kai Pfaffenbach/Reuters/Ritzau Scanpix
The European Central Bank in Frankfurt. | Photo: Kai Pfaffenbach/Reuters/Ritzau Scanpix

According to the world's largest bond investor, PIMCO, the current low interest rate level may continue for up to five years, Danish business daily Børsen reports.

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