Pimco's Balls Says Core Fixed-Income Yields 'Good Enough,' Avoiding High-Yield

The video discusses the structure and strategy of an investment committee, focusing on the core role of Fed funds and fixed income in global financial markets. It explains the framework used for asset allocation, emphasizing the importance of stability in fixed income for managing risk assets. The impact of Fed rate changes and market volatility on global equities is analyzed, highlighting the need for careful risk management. The video also explores emerging markets, suggesting potential opportunities as market conditions stabilize.

What is the outlook for core fixed income yields and their attractiveness?

What factors should be considered when scaling into emerging markets?