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 Gold Prices Rise as Market Eyes Potential Fed Rate Cuts READ MORE Fed's Rate Cut Hesitation: Inflation Concerns and Economic Uncertainties Dominate READ MORE Investor Alert: Double Top Pattern & The Looming Financial Crisis READ MORE BIS Report Signals Turning Point in Battle Against Inflation READ MORE Powell Signals No Rate Hike Despite Persistent Inflation READ MORE Add a Comment Cancel replyYour email address will not be published.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