The bond manager hasn’t adjusted its portfolio, saying it seems unlikely the president will get his way.

The bond manager hasn’t adjusted its portfolio saying it seems unlikely the president will get his way.

https://images.wsj.net/im-00028168?size=1.5

Finance

Special Writer

Dan Ivascyn, PIMCO's chief information officer, in a television interview.

https://images.wsj.net/im-00028168?width=1280&size=1.501

Big investors are betting that President 

 won’t follow through on his threat to fire Federal Reserve Chairman 

Pimco

 hasn’t adjusted its positions in light of 

, even with the potential for dramatic moves in Treasurys if it were to happen, according to people close to the situation.

Bond Giant Pimco Dismisses Trump’s Threats to Fed’s Powell

Firm hasn’t adjusted portfolio, saying it seems unlikely the president gets his way

Gregory Zuckerman

Economic News

Political/General News

Politics/International Relations

Domestic Politics

President Trump

Jerome Powell

Thom Tillis

Dan Ivascyn

Peter Boockvar

Ralph Schlosstein

Trump

Central Banking

Investing

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Coutts hires ex-JPMorgan banker James Todd as next private client boss

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Todd replaces Camilla Stowell who left the NatWest-owned wealth in January

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