Pimco CEO Says High-Yield Bond Rally Largely ‘Played Out’

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  • Bloomberg Markets and Finance published this video item, entitled “Pimco CEO Says High-Yield Bond Rally Largely ‘Played Out'” – below is their description.

    Jun.23 — Pacific Investment Management Co. CEO Emmanuel Roman says the rally in high-yield corporate bonds since the start of the pandemic has largely dissipated and investors should consider taking some profit. “In March 2020, you had real opportunity in high yield, and in private credit,” Roman said at Bloomberg’s Qatar Economic Forum on Wednesday. “A lot of it has played out.”

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