PIMCO Adviser Says U.S. Treasury Yields Are 'Screaming Good Value' as Bond Market Reprices
U.S. Treasury yields are looking attractive after a sharp backup in rates, according to a senior PIMCO adviser, even as investors brace for a closely watched 10-year auction and fresh Federal Reserve minutes. The call lands at a moment when bond markets are under pressure from resilient growth, sticky inflation concerns and renewed debate over how much further yields can rise.
