KEY TAKEAWAYS If treasury yields break out higher, consider selling the breakouts of bear flags and view short-term declines as selling opportunities If yields break down lower, consider buying bull flags and setups. There’s a chance that yields could push higher before correcting. In our last piece, we presented a…
Tag: Bonds
Pimco’s Sonali Pier lets her ‘cautious contrarianism’ speak for itself: The bets she’s making now
Sonali Pier is a portfolio manager with Pimco Pimco’s Sonali Pier strives for outperformance. The youngest of three and the daughter of Indian immigrants, Pier set her sights on Wall Street after graduating from Princeton University in 2003. She began her career at JPMorgan as a credit trader, a field…
A recession could come sooner on cooling bank lending
Plummeting bond yields, steep drops in oil and stock prices, and a sharp jump in volatility are all signaling that investors fear a recession is now on the near horizon. Stocks were down Wednesday, as worries about Credit Suisse spooked markets already concerned about U.S. regional banks following the shutdown…