Major Money Manager Braces for Bond-Market Collapse
How Long Will Bond Volatility Chill U.S. Corporate Sales?
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TCW Group Inc. is taking the possibility of a bond-market selloff seriously.
So seriously that the Los Angeles-based money manager, which oversees almost $140 billion of U.S. debt, has been accumulating more and more cash in its credit funds, with the proportion rising to the highest since the 2008 crisis.