Recession or Not, Bonds Have Historically Performed Well After Interest Rate Hikes

Recession or not, bonds have historically performed well after rate hikes

*As of 30 September 2024. SOURCE: Haver, PIMCO Calculations. For illustrative purposes only. For more detail, read Navigating the Bond Market: Insights from PIMCO’s “Ahead of the Curve” Investor Guide. 

What does it mean for investors and tactical investment managers? 

After a central bank increases interest rates the economy often enters a recession in the years that follow. Historically bonds have performed well whether a recession occurs or not.

Learn more at Navigating the Bond Market: Insights from PIMCO’s “Ahead of the Curve” Investor Guide.