Markets can prove interesting when the price of liquidity abruptly increases and high yield is no longer the highest-yielding investment.

Attacks and outages could add to the longer-term geopolitical risk premium in oil prices.

This year, in Paris, we were excited to participate as an industry expert and to engage with attendees on ESG (environmental, social, and governance) investing in fixed income.

That fiscal policy is becoming the new monetary policy when it comes to fighting recession was a key conclusion of PIMCO’s Secular Forum, and this was the message ECB President Mario Draghi underlined through both actions and words.

Continued tight crude balances could be the bigger surprise to the market.