Salient to Investors:
Mohamed El-Erian at Pimco said the inherent momentum of the US economy is still weak so the Fed may increase its efforts to support the economy following a meeting tomorrow by changing the narrative away from the Fed taking its foot off the accelerator.
Kei Katayama at Daiwa SB Investments is below weight Treasuries, saying the yield is too low, and people are seeking risk, and the US economy looks OK
Former Fed Governor Kevin Warsh expects the Fed to continue aggressive easing.
Rick Rieder at BlackRock is investing in securities outside of Treasuries including high-yield bonds and mortgage-backed securities, saying to get any real income you have to take risk, and questions how to get return in an environment where yields are going to stay low.
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