MutualFundWire.com: Pimco PMs Offer Fixed-Income Wisdom
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Friday, June 21, 2013

Pimco PMs Offer Fixed-Income Wisdom


Myles Bradshaw, a Pimco[profile] PM, encouraged investors to buy fixed-income now that prices have been driven down by Fed worries on Bloomberg TV's "The Pulse." There are opportunities to buy debt as real yields, Bradshaw said.

“The valuations tell you that this is a time to be adding to fixed income rather than trying to follow the crowd out the door,” Bradshaw said in an interview on Bloomberg Television’s “The Pulse” with Guy Johnson. “Because of this technical washout we’re beginning to see value coming back into the bond market.”

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