Esteban Burbano
We maintain a focus on resiliency as elevated yields within high quality fixed income continue to offer attractive opportunities.
Attractive yields and a broad opportunity set bolster active bond investments amid today’s uncertain macroeconomic and market outlook.
Amid ongoing uncertainty and volatility, Group CIO Dan Ivascyn explains why it’s important to focus on high quality, and how we’re leveraging global high yielding opportunities to help cushion portfolios against volatility and optimize returns.
We seek to capitalize on today’s attractive yields while staying mindful of economic and market uncertainties.
PIMCO Income Strategy Update – October 2024
Dan Ivascyn, Group CIO and Esteban Burbano, Fixed Income Strategist, discuss the Income Strategy including the market outlook, key risk factors and the relative value between cash and fixed income.
With yields high and policy rates beginning to drop, we see a compelling global opportunity set for bond investors.
With the potential for higher-for-longer yields across countries, we see the global fixed income opportunity set as the most attractive in years.
Many investors remain in cash, but we think it’s time to shift exposure to bonds.
We see meaningful value in high quality, more liquid bonds that offer compelling yields and potential price appreciation should the economy weaken.