With yields bouncing up and down, these are interesting times in bond land, keeping Pimco’s Daniel Ivascyn on his toes. But the manager of the world’s biggest actively managed bond fund remains firm in his message to investors: Now is a good time to shift into bonds.
“Investors need to be patient and have a bit of a longer-term horizon or a little bit of patience with this market,” said Ivascyn in an interview with MarketWatch on November 6, adding the bond market will remain volatile. “But we’re more confident than we’ve…
Read the full article here