bonds
The European Central Bank’s commitment last week to maintain a high pace of bond purchases no doubt emboldened investors to buy the Greek paper. The ECB dispelled fears that a burgeoning economic rebound would prompt it to pull back on its €1.85 trillion emergency bond
[Yahoo/Bloomberg] Stocks Signal Calm Before Fed; Bonds Steady: Markets Wrap [Reuters] Shares in record-setting spree as Fed meeting looms [Reuters] Gold holds tight range as markets await Fed cues [CNBC] Producer prices climb 6.6% in May on annual basis, largest 12-month increase on record [Yahoo/Bloomberg] U.S. Retail Sales Decline After
It doesn’t matter that U.S. inflation is 5%, against 2% in the eurozone, or that the Fed is buying $120 billion in bonds each month against the ECB’s increased pace of €80 billion a month, which is equivalent to about $97 billion. The ECB benchmark
[Yahoo/Bloomberg] U.S. Stocks Steady; Bonds Pause Rally as Fed Eyed: Markets Wrap [Reuters] World stocks near record high as investors await dovish Fed act [Reuters] Dollar firms in big week for FX markets; pound struggles [Yahoo/Bloomberg] Oil Rises as Confidence Fades Over Quick Return of Iran Supply [Yahoo/Bloomberg] Gold Drops
Data released today showed that US inflation rose to multi-year highs in May. However, markets seemed to shrug off the data and Dow Jones opened higher. US consumer price index rose to 5% in May, which was higher than the 4.7% which analysts were expecting.
The price of spot gold is trimming its early losses during this morning’s commodity trading action as the annualized inflation rate in the United States rose above the market’s forecasts. Before the data came out, the price of gold was down 0.65% at $1,876 per
Hunger knows no boundaries, and its ruinous effect is alarmingly similar whether it afflicts an impoverished community or a relatively wealthy area. Across the world, 690 million people go to bed hungry, and an estimated 14 million children under age five suffer from severe acute
The ECB will have to walk a tightrope to seem dovish enough to maintain monetary accommodation, but hawkish enough to be alert to the dangers of inflation. The council will be reviewing the pace of its bond purchases under the emergency pandemic program, but it’s
PIMCO’s annual ESG Summit – hosted virtually this year – aimed to help participants keep pace with the rapidly evolving landscape of environmental, social and governance issues within the world of investing, with a particular focus on the transition to net-zero emissions. PIMCO investment professionals
We believe bonds are the foundation of a sustainable global recovery: the bonds that serve as investments and sources of capital, and also the human bonds that endure across communities, between nations, and among industries and investors. These are the bonds from which the world