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☆ We've probably seen the worst of bond market volatility, Pimco says
▼ + stars: | 2024-05-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe've probably seen the worst of bond market volatility, Pimco saysChristian Stracke, president and global head of credit research at Pimco, says the 10-year Treasury will likely be "in a range."

Persons: Pimco, Christian Stracke Organizations: Treasury

☆ The broadening of the market will drive more flows in equities, says PIMCO's Erin Browne
▼ + stars: | 2024-05-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe broadening of the market will drive more flows in equities, says PIMCO's Erin BrownePIMCO's Erin Browne joins 'Closing Bell' to discuss what's next for the markets, the cyclical trade, and precious metals.

Persons: PIMCO's Erin Browne, Erin Browne, what's

☆ Watch CNBC’s full interview with PIMCO's Erin Browne and Payne Capital’s Courtney Garcia
▼ + stars: | 2024-05-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with PIMCO's Erin Browne and Payne Capital’s Courtney GarciaPIMCO's Erin Browne and Payne Capital's Courtney Garcia join 'Closing Bell' to discuss what's next for the markets, the cyclical trade, and precious metals.

Persons: PIMCO's Erin Browne, Payne Capital’s Courtney Garcia, Erin Browne, Payne Capital's Courtney Garcia, what's

☆ U.S. inflation data fuels bets of Fed rate cuts as early as September — but analysts aren’t convinced
▼ + stars: | 2024-05-16 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +2 min

Traders appear increasingly confident that the U.S. Federal Reserve could start cutting interest rates as early as September, after inflation data cooled more than expected in April. Traders are currently pricing in a roughly 70% chance of a U.S. rate cut in September, according to the CME FedWatch Tool. Jerome Schneider, head of short-term portfolio management at PIMCO, said on Thursday that the latest U.S. inflation data confirmed to investors that the potential for a near-term rate hike was now "off the table." "I think more contextually, we have to really understand that we have celebrated a lower inflation rate, the market has. But, in context, at PIMCO we're specifically thinking about the longer-term trajectory of how the Fed is going to react to this data," Schneider told CNBC's "Squawk Box Europe."

Persons: Dow Jones, Jerome Schneider, we're, Schneider, CNBC's Organizations: New York Stock Exchange, Traders, U.S . Federal, Labor Department's Bureau of Labor Statistics, Federal Reserve Locations: U.S, PIMCO

☆ Inflation unlikely to return to 2% target quickly, portfolio manager says
▼ + stars: | 2024-05-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInflation unlikely to return to 2% target quickly, portfolio manager saysJerome Schneider, head of short-term portfolio management at Pimco, discusses the outlook for inflation and monetary policy.

Persons: Jerome Schneider

☆ Experts react to April’s CPI report
▼ + stars: | 2024-05-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailExperts react to April’s CPI reportTiffany Wilding, PIMCO economist; Joe LaVorgna, SMBC Nikko Securities America U.S. chief economist; Wendy Edelberg, senior fellow in Economic Studies at the Brookings Institution; and CNBC's Steve Liesman join ‘Squawk Box’ to react to April's CPI data.

Persons: Tiffany Wilding, Joe LaVorgna, Wendy Edelberg, Steve Liesman Organizations: Nikko Securities America U.S, Economic, Brookings Institution

☆ Markets are rationally exuberant on the rate issue, says Georgetown's McCulley
▼ + stars: | 2024-05-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarkets are rationally exuberant on the rate issue, says Georgetown's McCulleyPaul McCulley, former PIMCO chief economist and Georgetown University adjunct professor, joins 'Squawk on the Street' to discuss how McCulley would characterize the market progress, what could give Powell the confidence he wants, and more.

Persons: Georgetown's McCulley Paul McCulley, Powell Organizations: Georgetown University

☆ Stay underweight small caps, rates likely to remain high, says PIMCO's Erin Browne
▼ + stars: | 2024-05-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStay underweight small caps, rates likely to remain high, says PIMCO's Erin BrowneErin Browne, PIMCO, joins 'Closing Bell' to discuss equities and her asset allocation outlook.

Persons: PIMCO's Erin Browne Erin Browne

☆ The Fed 'shouldn't be using forward guidance,' says Ironsides Macroeconomics' Barry Knapp
▼ + stars: | 2024-05-07 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Fed 'shouldn't be using forward guidance,' says Ironsides Macroeconomics' Barry KnappBarry Knapp, director of research at Ironsides Macroeconomics, Paul McCulley, former PIMCO chief economist, and CNBC's Steve Liesman join 'The Exchange' to share outlooks on the Fed's rate stance.

Persons: Barry Knapp Barry Knapp, Paul McCulley, Steve Liesman

☆ Former Fed Vice Chair Richard Clarida: The U.S. is on a more unsustainable fiscal path now
▼ + stars: | 2024-05-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer Fed Vice Chair Richard Clarida: The U.S. is on a more unsustainable fiscal path nowRichard Clarida, PIMCO global economic advisor and former Federal Research Vice Chairman, joins 'Squawk Box' to discuss the state of the economy, the Fed's decision to hold rates steady, Fed Chair Powell's commentary, interest rate outlook, and more.

Persons: Richard Clarida Organizations: Former, Federal Research Locations: U.S

☆ Billionaire 'bond king' Bill Gross says soaring Treasury issuance means bond yields can't come down anytime soon
▼ + stars: | 2024-05-02 | by ( Yuheng Zhan | ) www.businessinsider.com time to read: +2 min

Bill Gross says bond prices will be higher rather than lower in the near term as Treasury issuance surges. Gross also said the "total return" bond strategy he helped develop in the 1980s is dead. AdvertisementThe high level of US debt issuance signals to investors that they should expect yields to move higher, not lower, according to "bond king" Bill Gross. AdvertisementGross explained that while Treasury debt has been growing at a rapid rate, other types of debt, including business and household debt, have been growing more slowly. As a result, in order to make up for this difference, the government must ramp up Treasury debt by over 10% to uphold 5.5% nominal GDP growth, he wrote.

Persons: Bill Gross, Gross, —, PIMCO Organizations: Service, Treasury, Federal

☆ Bonds offer income and some volatility protection. Pick out the right bond fund for your portfolio
▼ + stars: | 2024-04-29 | by ( Michelle Fox | ) www.cnbc.com time to read: +6 min

That said, in general, most investors would be best served buying a diversified bond fund, said Mulach. What to look for in bond fundsThere are several factors to consider when investing in a bond fund. Intermediate-core durations typically range between 75% and 135% of the three-year average of the effective duration of the Morningstar Core Bond Index. Top Morningstar Bond Funds Ticker Fund Morningstar Category Type 30-day SEC yield Adj. Aggregate Bond ETF can be a great option to simply replicate that index, he said.

Persons: Morgan Stanley, shouldn't, Morningstar, Mike Mulach, Chuck Failla, Failla, Mulach, You'll, Baird, BSBSX Baird, Morningstar's Organizations: Treasury, Federal Reserve, Sovereign Financial, Morningstar, SEC, Mutual, FLTB Fidelity, Fidelity, Hartford, Aggregate

☆ Here's what to know about adding foreign bond exposure to your portfolio
▼ + stars: | 2024-04-18 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

Investors have been raking in income thanks to attractive yields in the U.S. bond market. Investing in global bond funds Individual investors can add exposure to foreign bonds through global bond funds. There are hedged funds, which hedge foreign currency exposure back to the U.S. dollar and therefore reduce currency risk. "It's good to be diversified because foreign bond exposure is a massive part of the global bond markets," Mulach said. Here are Morningstar's top picks for global bond exposure: The Pimco strategies keep the bulk of their non-U.S. currency exposure hedged back to the U.S. dollar.

Persons: Rick Rieder, Rieder, Collin Martin, Martin, It's, Mike Mulach, Mulach, Rick Rieder's, Darla Mercado Organizations: BlackRock, SEC, Investment, U.S ., European, European Central Bank, Federal, Schwab Center, Financial Research, Morningstar, U.S, Strategic Global Bond Fund, Investor, Morningstar . Dodge, Cox's Global Bond Fund Locations: U.S, Europe, BlackRock, Mexico, Brazil

☆ U.S. rate cuts increasingly uncertain, but we still expect a couple this year: Pimco analyst
▼ + stars: | 2024-04-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. rate cuts increasingly uncertain, but we still expect a couple this year: Pimco analystNicola Mai, economist and sovereign credit analyst at Pimco, says inflation in the United States is "likely to prove more sticky."

Persons: Nicola Mai Locations: United States

☆ Robust earnings environment will ultimately drive stocks higher, says PIMCO's Browne
▼ + stars: | 2024-04-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRobust earnings environment will ultimately drive stocks higher, says PIMCO's BrowneErin Browne, PIMCO, joins 'Closing Bell' to discuss Browne's thesis towards equity markets, where investors want to be in equities, and more.

Persons: PIMCO's Browne Erin Browne

☆ Where PIMCO's David Hammer sees opportunity in municipal bonds
▼ + stars: | 2024-04-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhere PIMCO's David Hammer sees opportunity in municipal bondsDavid Hammer, municipal bond portfolio management head at PIMCO, joins CNBC's 'The Exchange' to share his outlook on the municipal bond market, how to find tax-free returns, and more.

Persons: David Hammer Locations: PIMCO

☆ Bill Gross says this income play is ‘Better than AI.’ How you can get in on it
▼ + stars: | 2024-04-09 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +4 min

Energy prices are surging, and an income-oriented play is getting some love from legendary investor Bill Gross. Better than AI," noting that these master limited partnerships have climbed by double-digits in the past 12 months. MLPs offer investors a way to bet on the exploration, transport and processing of oil and gas. Though the partnership isn't subject to federal income tax, the limited partners face taxes on the income they collect. That means MLP investors could find themselves going on extension to file returns: In that case, they could file their returns as late as Oct. 15.

Persons: Bill Gross, Gross, Stephen Ellis, Ellis Organizations: West Texas, Brent, American Pipeline, NuStar Energy, Morningstar, midstream, Enterprise Products Partners, Targa Resources, Energy, Partners, . Gas, . Enterprise Products, MLP Locations: Asia

☆ Opinion: Investing in oil and gas doesn’t make sense anymore
▼ + stars: | 2024-04-04 | by ( Opinion Tom Steyer | ) edition.cnn.com time to read: +7 min

Some might think that, questions of morality aside, fossil fuel investments are just too good to pass up. Even in the United States, where President Joe Biden’s Inflation Reduction Act is making historic investments in clean energy, oil exports are at an all-time high. On closer examination, the simplest argument against funding new oil, gas and coal projects is not that they’re immoral. What should be even more concerning to investors is that fossil fuel companies’ challenges go beyond supply and demand. Finally, there is perhaps the greatest risk fossil fuel investors face: the industry’s massive profits are largely dependent on special treatment by governments.

Persons: Tom Steyer, Pimco, Vladimir Putin’s, Joe Biden’s, I’ve, —, there’s, Morgan Stanley, persuasively, Herbert Stein Organizations: Solutions, CNN, JPMorgan Chase, State Street, Global Energy Monitor, Farallon Capital, ” Locations: BlackRock, Ukraine, United States, Texas, Farallon

☆ PIMCO: Bond markets outside the U.S. are particularly attractive
▼ + stars: | 2024-04-03 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPIMCO: Bond markets outside the U.S. are particularly attractiveTiffany Wilding, PIMCO economist, joins CNBC's 'Money Movers' to discuss PIMCO's outlook on bonds and more.

Persons: Tiffany Wilding Organizations: Bond

☆ State of macro: Hedge funds Point72 and Pan Capital are adding talent, while Schonfeld, Brevan, and Walleye cut back
▼ + stars: | 2024-03-26 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +3 min

Read previewIn what has been billed to be the year of macro, hedge funds are taking diverging paths on the sector. This story is available exclusively to Business Insider subscribers. Related storiesTwo people familiar with the changes told Business Insider that Jaime Villa, Schonfeld's head of macro research, is no longer with the asset manager. And despite the popularity the strategy might have with allocators at the moment, funds are still quick to cut underperformers. Brevan Howard, one of the biggest macro players in the world, cut dozens of investors earlier this month after its biggest loss on record in February.

Persons: —, Chris Rokos, Jaime Villa, Schonfeld's, Villa, Colin Lancaster, Mitesh, Jerome Sargoussi, Eisler, Raj Sethi, Brevan Howard, Steve Cohen's Point72, Mo Grimeh, Bloomberg —, Grimeh, Brett Gardocki — Organizations: Service, Federal, Business, Pimco, KKR, SPX, Walleye, Bloomberg, Millennium, Pan, Former Walleye Locations: Schonfeld's London, New York, Minnesota, Stamford, Houston, Hong Kong

☆ This House and Congress in general have been really unproductive, says PIMCO's Libby Cantrill
▼ + stars: | 2024-03-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThis House and Congress in general have been really unproductive, says PIMCO's Libby CantrillLibby Cantrill, PIMCO head of U.S. public policy, joins 'Squawk Box' to discuss the $1.2 trillion funding bill to avert a government shutdown, prospect for more legislation getting passed before the election, gridlock in Washington, and more.

Persons: PIMCO's Libby Cantrill Libby Cantrill Locations: gridlock, Washington

☆ Former Fed Vice Chair Clarida sees possibility of fewer rate cuts than expected this year
▼ + stars: | 2024-03-22 | by ( Jeff Cox | ) www.cnbc.com time to read: +3 min

Stubbornly high inflation could push the Federal Reserve into a more cautious stance this year regarding interest rate cuts, the central bank's former vice chair said Friday. "If the Fed were targeting CPI right now, we wouldn't even be discussing rate cuts," Clarida said. A Chicago Fed measure of financial conditions is at its loosest since January 2022. "What I think is going on here is a delicate balance that [Powell is] trying to navigate," Clarida said. "Financial conditions will very naturally start to ease when they get the sense the Fed is done and [will start] cutting.

Persons: Richard Clarida, Jerome Powell, Clarida, Powell Organizations: Federal Reserve, Market, Fed, Commerce Locations: Atlanta

☆ PIMCO expects first rate cut in June
▼ + stars: | 2024-03-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPIMCO expects first rate cut in JuneTiffany Wilding, PIMCO economist, joins 'Money Movers' to discuss whether PIMCO's changed its view on what to expect from the Federal Reserve, when it should start cutting rates, and more.

Persons: PIMCO, Tiffany Wilding, PIMCO's Organizations: Federal Reserve

☆ Korea is a cheap entry point into AI and tech, says PIMCO's Erin Browne
▼ + stars: | 2024-03-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailKorea is a cheap entry point into AI and tech, says PIMCO's Erin BrowneErin Browne, PIMCO, joins 'Closing Bell' to discuss her investing playbook and her stock outlook.

Persons: PIMCO's Erin Browne Erin Browne Organizations: Korea

☆ The rarest US stamp is going up for auction. It’s expected to sell for millions
▼ + stars: | 2024-03-13 | by ( Harmeet Kaur | ) edition.cnn.com time to read: +5 min

This summer, philatelists will have a chance to snag the rarest US stamp ever: the 1868 one-cent “Z-grill.”Interested? On June 14, the one-cent Z-grill will be put up for sale by Robert A. Siegel Auction Galleries, marking the first time the rare stamp has been on auction since 1998. Of the two known copies of the one-cent Z-grill, one is held by the New York Public Library. That leaves only one one-cent Z-grill available to private collectors. “There’s multiple stamps that’ll bring $500,000 or $750,000, but the (one-cent) Z-grill is the star of the show,” Shreve said.

Persons: Robert A, Bill Gross, “ It’s, ”, Charles Shreve, Gross, “, Benjamin Franklin, Scott Trepel, ” Trepel, Trepel, Jerry Buss, Shreve, ‘, ’ ” Shreve, Don Sundman, ” Shreve Organizations: CNN, British, New York Public Library, US Post, Los Angeles Lakers, Pacific Investment Management Company, US Postal Service Locations: New York, British Guiana

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