Viewpoints U.S. Leveraged Loan Market: Plenty of Risk, But Not Systemic We see risks rising in U.S. leveraged loans, but we also see limited implications for broader financial markets and the economy.
There has been a great deal of talk about the systemic risk embedded in the U.S. leveraged loan market. At PIMCO, we believe many concerns regarding the loan market are largely misunderstood and overstated, and our analysis aims to address the red flags many are waving. The leveraged loan market has become riskier, but we do not see it as a threat to the financial system. A brief look back To Read the Full Article Log In Or Register
Blog Credit Where Credit Is Due: Four Common Misconceptions in Public and Private Credit Markets Heightened market volatility has led to misconceptions about credit, in our view. We dispel four of them here.
Viewpoints Hotel Market in a Post‑COVID World Hotels have recovered from the depths of the pandemic, but markets continue to evolve and the recovery has been uneven.
Strategy Spotlight PIMCO Flexible Credit Income Fund (PFLEX): Finding Opportunities Amid Volatility Amid rising volatility, widening credit spreads, and shrinking liquidity, we see attractive opportunities in areas where markets are likely overshooting fundamentals.