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 African Nations Intensify Efforts Against Speculative Currency Trading READ MORE Elections and Political Uncertainty – Critical drivers of Gold Demand and the Gold Price READ MORE CBO Predicts Decade of Soaring U.S. Deficits READ MORE Global Concerns Rise Over U.S. Economy's Impact on World Currencies READ MORE Swiss Central Bank Cuts Rates, Getting Ahead of Global Peers READ MORE Add a Comment Cancel replyYour email address will not be published.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