Ticker and buying and selling data for Pacific Funding Administration Co. (PIMCo) are displayed on a display screen on the New York Inventory Change (NYSE) in New York, U.S., April 5, 2018. REUTERS/Brendan McDermid

NEW YORK (Reuters) – Pacific Funding Administration Co is among the buyers embracing Danish mortgage-backed lined bonds, at the same time as destructive rates of interest imply buyers face built-in losses on some bonds, Bloomberg reported on Sunday.

“We just like the asset class,” mentioned Peder Beck-Friis, a portfolio supervisor and economist at Pimco in London, referring to the $500 billion market. “We’re chubby, as now we have been for a very long time. And…

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