In a commentary in Financial Times, PIMCO's CEO, Mohammed El-Erian, outlines why the Federal Reserve feels compelled to initiate another round of quantitative easing and the potential risks of such action. Click here for his views.
Wharton Professor Jeremy Siegel opines that the Fed's next quantative easing (QE) should support lower interest rates on higher grade private debt, as opposed to pushing Treasury bond rates lower. Click here for his latest commentary.
In his latest monthly commentary, PIMCO's Bill Gross opines that bond yields are "rather anemic" because of extremely low expectations for growth and inflation in the developed economies. He believes that investors in both bonds and stocks should prepare themselves for modest future returns. Click here for his commentary.