When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
IVOL - PIMCO Leverage Update - Coming Off The Boil
Quadratic Interest Rate Volatility and Inflation Hedge
We review October leverage figures for the PIMCO taxable suite.
We find that fund borrowings decreased slightly, possibly due to already high leverage levels and tightening underlying asset valuations.
We also look at the recent outperformance of funds with greater yield curve steepener exposures such as PHK.
We maintain exposure to PHK in our High Income Portfolio due to its yield curve steepener profile, defensive leverage stance and low management and leverage expenses.