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 BullionStar Insights: Systemic Banking Crisis – Calm Before The Storm READ MORE Walmart and Target Cut Prices Amid Persistent Inflation Concerns READ MORE Upcoming Jobs and CPI Reports Crucial for Fed's Interest Rate Decision READ MORE Gold Hits Fifth Record High in March as Fed Discusses Rate Cuts READ MORE Gold Consolidates After Record High Amid Rate Cut Speculations READ MORE Add a Comment Cancel replyYour email address will not be published.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