With the extent and speed of the move in sovereign bond yields, is interest rate exposure less attractive for investors? Not necessarily.

We believe ESG investing no longer needs to be an either/or paradox – either financial return or sustainable development. Investors can pursue both.

Although the Commonwealth Government can borrow for 10 years at the lowest rate on record, the burden of policy support has continued to fall on the Reserve Bank of Australia.

A new round of reforms could help maintain the delicate balance between growth and financial prudence.

With a patchwork of lenders now willing to provide financing on noncommercial terms to countries in distress, “moral hazard plays” have proliferated in emerging markets.

Investors are walking a tightrope today, balancing risk-taking and risk management.

PIMCO leaders in three regions discuss their own career experiences and the progress they see for women in finance.

While the financial services industry has taken steps in the right direction, we still have a long way to go to achieve a representative gender balance.

A key challenge when considering which ESG (environmental, social, governance) factors to consider in sovereign analysis is the issue of potential latent risks, which tend to manifest in the long term and often have indirect effects on creditworthiness.

By better embedding sustainability considerations into markets and business and investing, globalization could become a more stable, sustainable and inclusive process.

In our view, a combination of positive macroeconomic factors is likely to keep prepayment speeds higher than the market projects.