PIMCO: HIGH BOND YIELDS CHALLENGE STOCKS PIMCO says bonds are becoming more attractive after global yields climbed to their highest levels…
PIMCO: HIGH BOND YIELDS CHALLENGE STOCKS
PIMCO says bonds are becoming more attractive after global yields climbed to their highest levels in more than a decade.
US aggregate bond yields are now around 5%, roughly matching equity earnings yields.
PIMCO argues bonds can once again provide meaningful income and protection if growth weakens, making a more balanced mix of stocks and fixed income increasingly attractive.
