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Pimco: A Delicate Balance: Evaluating Tradeoffs In Today’s Fixed Income Portfolios

FYI: For many financial advisors, 2017 proved to be another generally positive, yet confounding, year. Despite relatively full valuations and modest starting yields, global equity markets provided double-digit returns, intermediate and longer-term Treasury rates trended lower throughout the year, and the VIX hit its lowest level since its inception in January 1993. Though 2018 started down a similar path, a sharp reversal of all three trends in early February reminded investors how quickly conditions can change.
Regards,
Ted
https://www.barrons.com/articles/sponsored/a-delicate-balance-evaluating-tradeoffs-in-todays-fixed-income-portfolios-1522339769?tesla=y
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