Amid concerns about the impact of rising deficits on U.S. Treasuries, it helps to differentiate bond investments by maturity, credit rating, and global relative value.
Balanced risks to inflation and employment indicate it’s time for the Fed to normalize interest rates, enhancing a positive backdrop for bonds.
In this PIMCO Perspectives, we explore the dispersion playing out across monetary policy and financial markets.
This PIMCO Perspectives assesses how the term premium’s 40-year downturn could start to reverse.
