Pimco's Ivascyn Sees 'Bumpy, Bumpy Road' Ahead Helping Bonds

By Yahoo! Finance | Aug 8, 2024 at 12:40 PM EST

Daniel Ivascyn, CIO at Pimco, advises bonds as a defensive strategy amid market turbulence and economic uncertainties. With a focus on Treasuries, he anticipates further Fed rate cuts and recommends a cautious approach in the current volatile climate.

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