Vanguard Mortgage-Backed Secs Idx Instl (VMBIX)

Why fixed income is looking 'rather attractive' given potential recession risks

The fixed income sector could contain growth value ahead of the Fed's anticipated balance sheet roll-offs and a potential recession. PIMCO Managing Director and Portfolio Manager Sonali Pier believes equities would "bear the brunt" of any recessionary headwinds and encourages a pivot to fixed income in case of a disappointing earnings season.