Fed Willing to Run Economy Hot, Pimco’s Kiesel Says

Aug.28 — Mark Kiesel, co-manager of Pacific Investment Management Co.’s flagship $71 billion Total Return Fund, says the Federal Reserve has been “unbelievably supportive” for markets and this will eventually lead to a steeper yield curve and higher rates. He speaks with Bloomberg’s Tom Keene and Lisa Abramowicz on “Bloomberg Surveillance.”

In This Story: Pacific

The Pacific Ocean is the largest and deepest of Earth’s oceanic divisions. It extends from the Arctic Ocean in the north to the Southern Ocean in the south and is bounded by the continents of Asia and Australia in the west and the Americas in the east

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