Experts

Paul W. Reisz

Fixed Income Strategist

Mr. Reisz is an executive vice president in the Newport Beach office with responsibility across total return, global, income, dynamic bond, and enhanced cash strategies. In addition, he is responsible for municipal bonds, emerging markets, and ETFs. Prior to joining PIMCO in 2000, he was with Transamerica Asset Management for more than 10 years, responsible for business strategy and product development. He has 40 years of investment experience and holds an undergraduate degree from the University of California, Berkeley and an MBA from the Marshall School of Business at the University of Southern California. He is a CFA charter holder and a licensed CPA.

Economic and Market Commentary

Outlook on Municipal Bonds: Seeking Opportunity Amid Volatility

4/17/2025

A historic sell-off enhances value, with high yields, strong fundamentals, and ample reserves mitigating policy risks.

David Hammer, Paul W. Reisz, Jakob Bowling

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