Ex-Pimco Manager Devlin Bets on Steeper Yield Curve in US, Canada

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Former Pimco manager, Devlin Capital, expects a steeper yield curve in the US and Canada due to large budget deficits driven by tax cuts and military spending.

Market Impact

Market impact analysis based on bullish sentiment with 67% confidence.

Sentiment
Bullish
AI Confidence
67%

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Fund manager Devlin Capital Inc. is getting ready for further steepening in the yield curve in North America’s two largest economies as governments run large budget deficits to pay for tax cuts, military projects and other priorities.

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Original article published by Bloomberg on December 10, 2025.
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