- El-Erian thinks that the labor market continues to heal, but still isn't great.
- Expects today's job report will push bond yields lower because the slight rise in the unemployment rates means the Fed is going to stay active and continue suppressing interest rates.
- PIMCO is not seeing any rotation out of its bond funds and into equity funds.
- Expects today's job report will push bond yields lower because the slight rise in the unemployment rates means the Fed is going to stay active and continue suppressing interest rates.
- PIMCO is not seeing any rotation out of its bond funds and into equity funds.
