PIMCO Cautions: Inflation and Recession Battles Not Yet Won PIMCO, a leading U.S. bond manager, has issued a warning against early optimism over conquering inflation and recession. Despite market hopes for a smooth economic trajectory, PIMCO advises caution, emphasizing the continued risk of recession. They predict bonds may outshine stocks in 2024 if a recession hits, offering a safeguard against potential inflation spikes. However, they remain neutral on duration, a key metric for interest rate sensitivity, following a recent bond rally driven by expectations of Federal Reserve rate cuts. This cautious stance comes as U.S. Treasury yields have significantly dropped in recent months. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Geopolitical Tensions, Not Interest Rates, Now Seen as Main Risk to U.S. Economy READ MORE "A Move to $3000 Gold Shouldn't Surprise Anyone, What Does THAT Do To SILVER? – Tavi Costa READ MORE Gold Clings to Stability Amid High Interest Rate Fears READ MORE Palladium Falls Below Platinum as Auto Industry Shifts Preferences READ MORE From Pandemic to Recovery: Comparing Economic Performance Under Trump and Biden READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment