Dan Ivascyn: Beyond the Base Case in 2026

Everything’s on the table when PIMCO's Group CIO Dan Ivascyn and host Greg Hall get together, and the latest episode of Accrued Interest is no exception. They cover familiar territory — like the compelling and durable opportunities in bonds — and then branch out into the Fed’s likely next move, a deeper discussion on credit markets, how home bias can ground a portfolio, and even a ski trip without much snow.

Show notes:

(01:23) From optimistic growth to a k-shaped economy

(09:51) Reading the Fed tea leaves

(15:43) Looking backwards and forwards at the market

(21:27) The realities of corporate and private credit

(28:55) Why flexibility is key going forward

(33:07) The case for global diversification

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