Investors are snapping up sovereign bonds amid warnings the U.S. economy is spiraling into a downturn.
The firm doesn't expect any Fed rate cuts this year.
They're gearing up for even more gains as rising risks of a downturn fuel demand for havens.
The relief that a weaker dollar would bring to the world economy cannot be overstated.
The dollar's fortunes have suffered a dramatic U-turn in recent months.
Interest rates may stay higher for longer than the market is expecting, according to the mega-money manager.
Debate is intensifying on how best to trade the world's reserve currency.
Debate is raging on whether the dollar's best days are over.
Yields have yet to reach their peak and fully price in downturn risks, said the CIO of fixed income.
Sterling's outlook is starting to look a little calmer, although there are still uncertainties ahead.