Pimco, a fixed-income investment firm managing $2.3 trillion in assets, advises investors to increase bond allocations following recent sell-offs. The firm notes that current bond yields offer attractive income levels, making bonds a compelling addition to equity-heavy portfolios. Pimco strategist Lotfi Karoui highlighted that long-dated bonds have declined enough to present a buying opportunity. US households currently hold only 4% of their assets in bonds, compared to 32% in stocks.
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