Q: Bloomberg article today summarized:
Forget the stock market or private credit. Fixed income will outstrip other asset classes after “a generational reset higher in bond yields,” according to Pacific Investment Management. “Active fixed income is positioned to perform well if there are no recessions over our secular horizon and to perform even better if there are,” Pimco’s Richard Clarida, Andrew Balls and Daniel Ivascyn wrote in an outlook released Tuesday. As prices climb and inflation recedes, they expect bonds will be even more attractive than cash.
Can you offer some guidance/thoughts on this? I’m a growth investor primarily in stocks, and not familiar with bonds.
Can we benefit from some torque? What would be your top ETF plays in this?
Forget the stock market or private credit. Fixed income will outstrip other asset classes after “a generational reset higher in bond yields,” according to Pacific Investment Management. “Active fixed income is positioned to perform well if there are no recessions over our secular horizon and to perform even better if there are,” Pimco’s Richard Clarida, Andrew Balls and Daniel Ivascyn wrote in an outlook released Tuesday. As prices climb and inflation recedes, they expect bonds will be even more attractive than cash.
Can you offer some guidance/thoughts on this? I’m a growth investor primarily in stocks, and not familiar with bonds.
Can we benefit from some torque? What would be your top ETF plays in this?