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October 17, 2012

U.S. to get downgraded amid fiscal 'theater,' Pimco says

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The U.S.'s sovereign credit rating will be cut as "fiscal theater" plays out in the world's biggest economy, according to Pacific Investment Management Co., which runs the world's biggest bond fund. "The U.S. will get downgraded, it's a question of when," Scott Mather, Pimco's head of global por... FF News: Fundamental

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