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/UK GILTS: PIMCO's Mihir Worah and..........>

US TSYS
US TSYS: /UK GILTS: PIMCO's Mihir Worah and Geraldine Sundstrom said that
"markets face uncertainty in interest rate, trade and fiscal policies.
Geopolitical risks and possible policy missteps in China also cloud the
outlook."
- They "remain defensive on interest rate exposure, but we find the U.S. the
most attractive. We find UK gilts and Japanese government bonds rich, and we
believe valuations of eurozone peripheral bonds are suspect without continued
ECB support." 

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