Pimco's Dan Ivascyn on the State of Markets Right Now
Odd Lots
Bloomberg
4.4 • 1.6K Ratings
🗓️ 11 August 2022
⏱️ 51 minutes
🧾️ Download transcript
Summary
Markets have staged an impressive bounce since the middle of June. Stocks are way up. Credit spreads have come in. Mortgage rates have tightened again. And long rates have mellowed out. So is the coast all clear? On this episode of the podcast, we speak with Pimco Group Chief Investment Officer Dan Ivascyn about why this is an environment characterized by a high level of uncertainty. It's not that he's pessimistic or bearish, per se, but rather that there are risks all over the place as the Federal Reserve attempts to tame inflation.
See omnystudio.com/listener for privacy information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | As of 9-1-20-23, you may earn a 5.5% annualized yield with six-month T-bills of held to maturity. |
| 0:06.4 | But who's got time to purchase U.S. Treasuries? Doesn't that involve going to a bank? |
| 0:10.0 | Or navigating a government website that looks like it was designed in 1996? |
| 0:13.6 | Turns out, you can go to public.com, purchase Treasury Bills in seconds, |
| 0:17.5 | and you may be able to earn some of the highest yields we've seen since the year 2000. |
| 0:21.2 | Visit public.com-slash-t-build-podcast to get started. |
| 0:24.9 | This is a paid endorsement by public.com. |
| 0:27.2 | Fees and conditions apply. Treasury accounts at public.com or through Gico Securities Inc. |
| 0:31.5 | Member Finra and SIPC. Not FDIC-insured? No bank guarantee. |
| 0:35.2 | May lose value. Full disclosures can be found at www.public.com-slash-t-build-podcast. |
| 0:42.4 | Together, we have the opportunity to build a more sustainable and inclusive future. |
| 0:47.6 | At the Bloomberg New Economy Forum, we help make this possibility a reality |
| 0:52.1 | by cultivating new connections among global leaders |
| 0:55.1 | that transcend geographies, industries, and ideologies. |
| 0:59.6 | Because when global leaders work together, the outcomes benefit all of us. |
| 1:04.9 | Learn more at www.BloombergNewEconomy.com |
| 1:07.9 | Hello and welcome to another episode of The Odd Lots Podcast. I'm Tracy Alloway. |
| 1:27.2 | And I'm Joe Weisenthal. |
| 1:28.8 | Joe, I feel like it's pretty hard to be an investment manager at the moment. |
| 1:34.2 | I feel like it's hard at the best of times, but at the moment, you have this intense volatility. |
| 1:40.0 | So stuff that is normally volatile, like stocks and commodities is even more volatile. |
| 1:45.9 | And then you have stuff that isn't really supposed to be volatile, but definitely is in the new |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Bloomberg, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Bloomberg and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.