Bloomberg fights to keep Pimco on Treasury platform
Bloomberg is fighting to keep the bond house Pimco as a customer on its platform to buy and sell Treasuries, as the advance of automated trading reshapes the $14tn US government debt market. Pimco, one of the most influential debt investors with almost $1.5tn of assets under management, is working on a tie-up with rival trading venue Tradeweb, according to people with knowledge of the discussions, escalating […]