Richard Clarida
This is a carousel with individual cards. Use the previous and next buttons to navigate.
As cash yields dwindle, the case for fixed income becomes increasingly compelling.
In his annual Jackson Hole speech, Fed Chair Powell assessed the post-pandemic U.S. economy and suggested rate cuts are coming soon.
In the post-pandemic fiscal landscape, government debt trajectories may be volatile, but appear broadly sustainable.
The Yield Advantage in Global Markets
Discover how starting yields in high-quality fixed income can set a solid foundation for multi-year returns and how active management works to boost these yields even further.
Explore key themes from our Secular Outlook, including fiscal policy, geopolitical risks, AI, and upcoming elections, and learn how these factors could shape the future of fixed income markets.
Macro at PIMCO: Beyond Duration Calls
PIMCO leverages its deep understanding of macroeconomics, policy, and industry nuance to construct portfolios primed to uncover opportunity and manage risks.
A timely discussion on the term premium, which may be signaling the possibility of rising compensation for bond investors as the yield curve potentially re-steepens.
Yield Advantage
The post-pandemic inflation shock and rate-hiking cycle produced a generational reset higher in bond yields, creating a compelling multiyear outlook for fixed income as inflation recedes and risks build in other markets.
Various methods to estimate this key bond market gauge differ on details but appear to signal rising investor compensation.