You are now leaving the PIMCO website.

Tracking pixel 1


Libby Cantrill

Public Policy

Ms. Cantrill is a managing director in PIMCO's portfolio management group. In her role, she analyzes policy and political risk for the firm’s Investment Committee and leads U.S. policymaker engagement and policy strategy for the firm. She also works closely with PIMCO’s Global Advisory Board, led by former Federal Reserve Chair Ben Bernanke. She has served as a rotating member of the firm’s Executive Committee and is a founding member of PIMCO Families and PIMCO Women. Prior to joining PIMCO in 2007, she served as a legislative aide in the House of Representatives and also worked in the investment banking division at Morgan Stanley. She has 18 years of investment experience and holds an MBA from Harvard Business School and received her undergraduate degree in economics from Brown University. Ms. Cantrill is a CFA charterholder and a regular contributor to Bloomberg and CNBC. She is also a member of the Council on Foreign Relations and sits on the boards of Covenant House New York and the Securities Industry and Financial Markets Association ("SIFMA").

Latest Insights

U.S. Mid-Term Election Outlook
07 October 2022
Libby Cantrill, head of public policy, discusses the current U.S. political environment, how we think the mid-term elections are likely to go, and what it could mean for fiscal policy and the markets.
Lessons From the March 2020 Market Turmoil
Markets largely held up in last year’s liquidity crunch, but we believe policymakers should address a few soft spots.
Fiscal Spending Could Cause a U.S. Growth Spike – Compounding Investors’ Concerns on Inflation
A large fiscal package geared toward pandemic relief will likely boost U.S. growth even further in 2021, but long-term inflationary risks are still balanced.
A Narrowly Democratic Congress Could Boost Spending and Growth
With a narrowly Democratic Congress, U.S. fiscal spending is likely to increase on economic relief from the pandemic, infrastructure, and healthcare, boosting the economic rebound.
Will Taxes Rise in the U.S.?
Democrats could begin working on a tax bill later this year, but resulting tax hikes may be weaker and less of a headwind to growth than some fear.
We Have a Deal: U.S. Infrastructure Spending Soon, Tax Increases Likely Later
A bipartisan deal on infrastructure spending would likely be followed by a separate partisan deal funded by tax increases.
Leveraged Loan Issuers: Just Do It (Transition to SOFR)
30 June 2021
Leveraged loan issuers have lagged other fixed income market issuers in moving to SOFR as a reference rate, posing potential risks to investors as the year-end deadline approaches.
A Dizzying Summer in D.C. as U.S. Debt Ceiling Looms Again
30 August 2021
While Congress makes progress on infrastructure legislation, the specter of another debt-ceiling showdown gives investors cause for concern.
What to Expect From Divided Government
A split U.S. Congress in 2023 will likely limit fiscal policy, but could be positive for equity markets.
Hammering Inflation With a Gavel
The Biden administration faces rampant inflation in the U.S. but has limited tools to stem the rise in gas and grocery prices.
The U.S. Debt Ceiling Debate: Expecting Resolution, Appreciating the Stakes
31 January 2023
We believe Congress will reach an agreement before the debt limit is reached, but markets could face turbulence later this year.