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The TCW Group, Inc.

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  • Pimco is replaced by TCW as manager of a bond fund

    Bond giant Pimco was dropped as the manager of a $1.3-billion bond fund and replaced by its Southern California rival, TCW Group Inc.
  • Bond investors face a reckoning as interest rates jump

    Wall Street has preferred to call the recent rebound in long-term interest rates a "wake-up call." But to some bond investors it's apparently more like a five-alarm fire. As rising interest rates have pushed down the value of older bonds in the last...