Markets Daily

Pimco Sees Opportunity in Trump-Induced Bond Volatility

Dan Ivascyn, chief investment officer of Pacific Investment Management Co. (PIMCO), speaks during a Bloomberg Television interview at the company’s headquarters in Newport Beach, California, U.S., on Wednesday, May 29, 2019.Photographer: Kyle Grillot/Bloomberg
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For all investors’ handwringing over Donald Trump’s unpredictability, it’s worth keeping in mind that market volatility creates all sorts of opportunities — if an asset you’re eyeing is too expensive, you may be just a Trump tweet away from a buying opportunity.

Just ask Daniel Ivascyn, chief investment officer at bond behemoth Pacific Investment Management Co.