Bond investor Pimco expects US economy to slow -WSJ

SINGAPORE, June 10 (Reuters) - Pimco, which runs the world's biggest bond fund, believes that U.S. economic growth peaked in the first quarter and will slow in the rest of this year, prompting it to buy Treasuries, the Wall Street Journal said on Thursday.

"We took risk off the table, and as part of that, Treasurys got some of the flows," the newspaper quoted Pimco's head of Treasury and derivatives trading, Steve Rodosky, as saying.

"The combination of safety and yield, when you compare the U.S. (government bond) market to other markets around the globe, the U.S. market still looks appealing to global investors."

Pimco is owned by German insurer Allianz (ALVG.DE). (Reporting by Jan Dahinten; Editing by Kazunori Takada)