PCM News and Press, PCM Fund Inc. From 04/01/20

NEW YORK, April 01, 2020 (GLOBE NEWSWIRE) -- The Boards of Trustees/Directors of the PIMCO closed-end funds (each, a “Fund” and, collectively, the “Funds”) have declared a monthly distribution for each Fund’s common shares as summarized below. The distribu...

The bounce in stocks begun last Tuesday appears for now to have petered out, with the averages all  down nearly 3%  in morning action. More news on: iShares 20+ Year Treasury Bond ETF, ProShares UltraShort 20+ Year Treasury ETF, PIMCO Corporate&Income Opportunity Fund, News o...

Is now the time to buy? For the last year or so we have attempted to invest conservatively, focusing on U.S. Treasury and Agency securities, as well as very high credit quality securities in corporate bonds and asset-backed securities. We tried to stay on the sidelines of risk as much as ...

Reminding one editor of the top-ticking 2017 tutorials on how to buy cryptocurrencies,  an article on a well-known financial website this morning declares U.S. Treasury paper among the world's hottest investments and explains how one might go about purchasing without fees or commission...

The Two-year Treasury yield is off 20 basis points today to 0.905%. That's the largest one-day decline since late in the global financial crisis. More news on: iShares 20+ Year Treasury Bond ETF, PIMCO Corporate&Income Opportunity Fund, ProShares UltraShort 20+ Year Treasury ETF, New...

While all of the focus has been on the equity markets, and the carnage that is being caused by the coronavirus, I take a different tack. I am not sitting around and wringing my hands and mumbling, "Woe is me." Neither am I saying that "everything will be just fine and dandy, and at any moment,...

The cornoavirus news worsened over the weekend, with infections emerging in those who haven't traveled to China, nor having been in contact with those previously infected. More news on: iShares 20+ Year Treasury Bond ETF, ProShares UltraShort 20+ Year Treasury ETF, PIMCO Corporate&Inco...

The late stage of the current investment cycle suggests to us an increased allocation to fixed-income assets that rely less on the extended corporate and sovereign balance sheets. For this reason, we are drawn to non-agency residential mortgage-backed securities (MBS), which we recently split ...

Equities and economic data have started the year on a strong foot, but traders in long-dated U.S. government paper aren't buying it. More news on: iShares 20+ Year Treasury Bond ETF, ProShares UltraShort 20+ Year Treasury ETF, PIMCO Corporate&Income Opportunity Fund, News on the U.S. e...

Let's start with the Fed's thoughts on interest policy for 2020. This is from the latest meeting minutes (emphasis added): In their consideration of monetary policy at this meeting, participants judged that it would be appropriate to maintain the target range for the federal funds rate at...