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PIMCO's Ivascyn says US bond market selloff has been orderly

ReutersApr 9, 2025 6:09 PM

- A sharp selloff in U.S Treasuries this week has remained orderly despite continued uncertainty stemming from the U.S. administration's trade policies, said Dan Ivascyn, group chief investment officer at U.S. bond giant PIMCO.

Speaking to Reuters in an interview, he said President Donald Trump's announcement on Wednesday of a 90-day pause on many new tariffs on trading partners was good news for economic and market stability.

But he said economic uncertainty remained high and warned about risks in areas of the market such as private credit that could be more vulnerable to a "stagflationary shock" caused by U.S. trade policies.

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