Longer-dated Treasury yields have climbed as markets consider whether economic growth and inflation expectations might accelerate more rapidly. We believe inflation pressures will remain in check and bond yields will be range-bound.
Alec Kersman to be named head of Asia-Pacific
Even though markets remain fragile, Group CIO Dan Ivascyn explains why PIMCO has become more optimistic on the base case view for recovery and risk assets - and why we think private credit is a powerful opportunity.
Dented by strengthening euro
The COVID shock has amplified disruptive trends, but we see global investment opportunities in the volatility ahead.
While there is substantial uncertainty ahead, we believe the pickup in growth and supportive liquidity conditions favor emerging markets investments.
Will join in 2021 from Sculptor Capital
Ben Bernanke and Gordon Brown are also members