PIMCO's Ivascyn notes orderly US bond market selloff amid trade policy uncertainty

From Yahoo Finance: 2025-04-09 14:15:00

Despite uncertainty from U.S. trade policies, U.S. Treasuries selloff remains orderly, says PIMCO’s Dan Ivascyn. Turmoil from tariffs led to selling and a search for cash, but the selloff was less severe than during the start of COVID-19. Deleveraging in markets has proceeded smoothly, with a recent $39 billion 10-year note auction meeting good demand, easing market weakness. President Trump’s 90-day tariff pause is seen as positive for economic and market stability, though risks remain high, particularly in private credit markets vulnerable to a stagflationary shock.



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