Bond returns are competitive again

Mark Kiesel | PIMCO | 08 March 2019

Both credit and equities have been very much supported over the past decade by a growth environment where monetary policy has been accommodating. Now, for the first time in about 10 years, bonds can compete against equities in terms of dividends and income-producing returns. High quality, investment grade corporate bonds can deliver mid-single digit returns with a third of the volatility of equities.

Presentation  Recorded 12 February 2019 (14 m...