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Economic and Market Commentary

August 2026 Update from the Australia Trade Floor

Portfolio Manager Aaditya Thakur explains why we see downside risks building and why today's bond yields present a compelling opportunity for investors.
  • PIMCO Perspectives

    Old-Fashioned Bond Math for a New-Fashioned Fed

  • Real Estate Outlook

    Real Estate: From Repricing to Relevance

  • Secular Outlook

    Rupture and Resilience

Featured Funds

Increasing your bond allocation? Consider these three funds.
MANAGED FUNDS

PIMCO Income Fund | ETL0458AU

  • WHOLESALE
  • AUD
Total Net Assets
1,495 MM AUD
Daily NAV
0.8911 AUD
MANAGED FUNDS

PIMCO Australian Bond Fund | ETL0015AU

  • WHOLESALE
  • AUD
Total Net Assets
2,605 MM AUD
Daily NAV
0.9115 AUD
MANAGED FUNDS

PIMCO Global Bond Fund | ETL0018AU

  • WHOLESALE
  • AUD
Total Net Assets
8,449 MM AUD
Daily NAV
0.8953 AUD
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Stay Informed with PIMCO's Insights

The Credit Market Lens

BDC equities continue to trade at significant discounts to NAV, reflecting skepticism toward reported marks, a concern reinforced by valuation levels that have yet to fully reset, even as BDC bonds continue to outperform their stocks.

Macro Signposts

Macro Signposts highlights takeaways from the data analysis conducted by our team of economists and other experts.

Economic and Market Commentary

Portfolio Manager Aaditya Thakur explains why we see downside risks building and why today's bond yields present a compelling opportunity for investors.

Economic and Market Commentary

Higher starting yields are creating opportunities across global fixed income. Group CIO Dan Ivascyn explains why quality, liquidity, and global diversification can be key to building portfolio resilience in an uncertain environment, and how the strategy pursues attractive income potential without reaching for added risk.

The Credit Market Lens

As AI-related issuance reshapes bond markets, differences in U.S. dollar and euro performance offer new insights into the roles of supply and technical factors.

Investment Strategies

Group CIO Dan Ivascyn explains why resilience, quality, and global diversification matter more than reaching for risk amid geopolitical conflict, credit stress, and the AI boom.

Economic and Market Commentary

As markets evolve and new issuance reshapes the credit landscape, investors have an expanding opportunity set across global fixed income. PIMCO Portfolio Manager Sonali Pier explains why active credit selection, global diversification, and a relative value approach is especially important today. She discusses how investors can seek attractive income opportunities while maintaining a focus on liquidity, quality, and flexibility.

Macro Signposts

Macro Signposts highlights takeaways from the data analysis conducted by our team of economists and other experts.

The Credit Market Lens

Foreign demand for U.S. assets – especially credit – remains resilient amid broader macro and market uncertainties.

Macro Signposts

Macro Signposts highlights takeaways from the data analysis conducted by our team of economists and other experts.

Economic and Market Commentary

Higher yields have created a stronger foundation for bond investors. Andrew Balls, CIO Global Fixed Income, discusses why actively managed global bonds may offer compelling opportunities for income, diversification and resilience as regional growth, inflation and policy trends continue to diverge.

Macro Signposts

Macro Signposts highlights takeaways from the data analysis conducted by our team of economists and other experts.

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