Tuesday, May 4, 2021 - 00:00
While the market should remain relatively stable this year, we are monitoring three themes that could have a significant impact over the longer term.
Thursday, April 29, 2021 - 00:00
As regulators push to transition away from Libor, sales of Treasuries linked to the successor rate could boost the new benchmark’s credibility and expand nascent markets for related debt and derivatives.
Wednesday, April 28, 2021 - 00:00
To sustainably reach its inflation target, the Fed must raise inflation expectations – and that likely will require a period of above-target inflation.
Tuesday, April 27, 2021 - 00:00
Cash and cash equivalent investors face challenges balancing liquidity and returns amid near-zero short-term rates.
Friday, April 16, 2021 - 00:00
Amid a brightening economic outlook, the Bank of Canada could begin tapering its bond purchase program this month, though we think it’s a close call and believe a cautious approach is warranted.
Thursday, April 8, 2021 - 00:00
We expect global tech spending to grow, driving demand for semiconductor components and leading to above-trend growth for the sector.
Tuesday, March 30, 2021 - 06:00
The global economy is poised for a strong recovery. Inflation is likely to spike temporarily, but we forecast that much of this rise will reverse later this year.
Monday, March 29, 2021 - 00:00
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.
Wednesday, March 24, 2021 - 00:00
Thereʼs a bone of contention among investors: Are U.S. equity values about right or far too high?
Monday, March 22, 2021 - 00:00
The expiration of the temporary SLR changes should enhance the soundness of the banking system, but likely at the cost of Treasury market liquidity.
Thursday, March 18, 2021 - 09:58
The Federal Reserve’s communications following its March meeting should help anchor inflation expectations.
Monday, March 8, 2021 - 14:30
Longer-dated Treasury yields have climbed as markets consider whether economic growth and inflation expectations might accelerate more rapidly. We believe inflation pressures will remain in check and bond yields will be range-bound.
Monday, March 8, 2021 - 12:10
The COVID-19 relief bill has spurred talk of inflation, but financial stability may be a more relevant risk.
Monday, March 8, 2021 - 00:00
A recent report showed an uptick in inflation in Europe, but markets are pricing in low inflation over the long term. We see opportunity for investors to hedge inflation risk.
Friday, March 5, 2021 - 03:00
China’s economy should see a soft landing as stimulus is reduced, but the drag on global growth may place a burden on developed economies to keep stimulus taps open for longer.
Friday, March 5, 2021 - 03:00
One year since the inception of one of the most severe recessions in modern history, women’s engagement in the labor force is crucial to the economic recovery.
Friday, March 5, 2021 - 00:00
China’s economy should see a soft landing as stimulus is reduced, but the drag on global growth may place a burden on developed economies to keep stimulus taps open for longer.
Friday, March 5, 2021 - 00:00
One year since the inception of one of the most severe recessions in modern history, women’s engagement in the labor force is crucial to the economic recovery.
Thursday, March 4, 2021 - 03:00
As International Women’s Day approaches, three PIMCO executives share their perspectives on diversity in the workplace.
Thursday, March 4, 2021 - 00:00
As International Women’s Day approaches, three PIMCO executives share their perspectives on diversity in the workplace.
Wednesday, February 24, 2021 - 03:00
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.
Thursday, February 18, 2021 - 03:00
Bonds continue to offer numerous benefits and potential for appreciation.
Wednesday, February 17, 2021 - 03:00
Group CIO Dan Ivascyn discusses the factors that will likely keep inflation in check over the longer term.
Wednesday, January 27, 2021 - 03:00
A clear communication strategy is crucial to managing market expectations around changes in Federal Reserve asset purchases and interest rate policy.
Wednesday, January 20, 2021 - 03:00
Despite seeing major market swings following the 2016 Brexit referendum, we don’t expect Britain’s departure from the European Union (EU) to have any major economic effects in our baseline outlook for 2021 and beyond. Far more important are COVID-19, fiscal policy, and bigger questions around future productivity growth.

Disclosures

PIMCO provides services only to qualified institutions and investors. This is not an offer to any person in any jurisdiction where unlawful or unauthorized.

Past performance is not a guarantee or a reliable indicator of future results. A Word About Risk: All investments contain risk and can lose value. Investing in the bond market is subject to risks, including market, interest rate, issuer, credit, inflation risk, and liquidity risk. The value of most bonds and bond strategies are impacted by changes in interest rates. Bonds and bond strategies with longer durations tend to be more sensitive and volatile than those with shorter durations; bond prices generally fall as interest rates rise, and the current low interest rate environment increases this risk. Current reductions in bond counterparty capacity may contribute to decreased market liquidity and increased price volatility. Bond investments may be worth more or less than the original cost when redeemed. Investing in foreign denominated and/or domiciled securities may involve heightened risk due to currency fluctuations, and economic and political risks, which may be enhanced in emerging markets. Mortgage and asset-backed securities may be sensitive to changes in interest rates, subject to early repayment risk, and their value may fluctuate in response to the market’s perception of issuer creditworthiness; while generally supported by some form of government or private guarantee there is no assurance that private guarantors will meet their obligations. Equities may decline in value due to both real and perceived general market, economic and industry conditions. High-yield , lower-rated, securities involve greater risk than higher-rated securities; portfolios that invest in them may be subject to greater levels of credit and liquidity risk than portfolios that do not. Derivatives may involve certain costs and risks such as liquidity, interest rate, market, credit, management and the risk that a position could not be closed when most advantageous. Investing in derivatives could lose more than the amount invested. Diversification does not ensure against loss.

PIMCO does not provide legal or tax advice. Please consult your tax and/or legal counsel for specific tax or legal questions and concerns. The discussion herein is general in nature and is provided for informational purposes only. There is no guarantee as to its accuracy or completeness. Any tax statements contained herein are not intended or written to be used, and cannot be relied upon or used for the purpose of avoiding penalties imposed by the Internal Revenue Service or state and local tax authorities. Individuals should consult their own legal and tax counsel as to matters discussed herein and before entering into any estate planning, trust, investment, retirement, or insurance arrangement.

PIMCO as a general matter provides services to qualified institutions, financial intermediaries and institutional investors. Individual investors should contact their own financial professional to determine the most appropriate investment options for their financial situation. This material contains the current opinions of the manager and such opinions are subject to change without notice. This material has been distributed for informational purposes only and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. Information contained herein has been obtained from sources believed to be reliable, but not guaranteed. No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission. PIMCO is a trademark of Allianz Asset Management of America L.P. in the United States and throughout the world. Pacific Investment Management Company LLC, 650 Newport Center Drive, Newport Beach, CA 92660 | 800.387.4626 ©2021, PIMCO

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