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Economic and Market Commentary Major Shakeup in U.S. Election Diminishes Odds of a Republican Sweep Major Shakeup in U.S. Election Diminishes Odds of a Republican Sweep With Vice President Kamala Harris likely to be the Democratic nominee, the race for the White House has shifted and congressional Democratic prospects have improved.
Economic and Market Commentary Structural Issues May Keep U.S. Deficit Elevated(video) Structural Issues May Keep U.S. Deficit Elevated Regardless of the U.S. presidential election’s outcome, the budget deficit will likely remain high, but market confidence in U.S. Treasuries is expected to remain stable.
Blog Bond Markets Overlook U.S. Debt Trajectory, For Now Bond Markets Overlook U.S. Debt Trajectory, For Now Debt levels will likely continue to rise absent policy changes, and the yield curve is likely to steepen.
Blog On-and-Off-and-On-Again Progress Toward a U.S. Debt Ceiling Agreement On-and-Off-and-On-Again Progress Toward a U.S. Debt Ceiling Agreement We remain constructive on a deal coming together in time to avert a default on U.S. debt, though we expect continued drama in the very near term.
Viewpoints Debt Ceiling Debate: Examining Risks Around the X Date Debt Ceiling Debate: Examining Risks Around the X Date Debt ceiling concerns are rippling through financial markets. We discuss the potential risks and opportunities for investors.
Libby Cantrill U.S. Public Policy Ms. Cantrill is head of U.S. public policy and a managing director in PIMCO's portfolio management group. In her role, she analyzes policy and political risk for the firm’s Investment Committee and leads U.S. policymaker engagement and policy strategy for the firm. She also works closely with PIMCO’s Global Advisory Board, led by former Federal Reserve Chair Ben Bernanke. She has served as a rotating member of the firm’s Executive Committee and is a founding member of PIMCO Families and PIMCO Women. Prior to joining PIMCO in 2007, she served as a legislative aide in the House of Representatives and also worked in the investment banking division at Morgan Stanley. She has 20 years of investment experience and holds an MBA from Harvard Business School and received her undergraduate degree in economics from Brown University. Ms. Cantrill is a CFA charterholder and a regular contributor to Bloomberg and CNBC. She is also a member of the Council on Foreign Relations and sits on the boards of Covenant House New York and the Securities Industry and Financial Markets Association ("SIFMA").