Janet Yellen Joins Pimco’s Advisory Board as Bernanke Exits

Published on March 27, 2025

Former Treasury Secretary Janet Yellen is joining Pacific Investment Management Co.’s global advisory board, along with former Governor of the Reserve Bank of India Raghuram Rajan.

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Pending Home Sales Rebound 2.0% in February

March 27, 2025
The National Association of Realtors® (NAR) pending home sales index increased more than expected in February, rebounding from the previous month's record low. The index came in at 72.0, a 2.0% rise from the previous month but a 3.6% drop from one year ago. Pending home sales were expected to rise 0.9% month-over-month.

Junk Bonds Win Over Investors Seeking Calm From Market Storm

March 27, 2025
Junk bonds don’t seem quite so junky anymore. US investors are piling into an asset class that has grown a little safer in recent years, and in recent weeks has drawn investors seeking a safe harbor from market turbulence.