[Pimco: bond return potential the Federal Reserve may postpone interest rate cut until next year] June 7, a large global bond investment management company believes that for publicly traded bond investment, now is the best time in more than a decade, because the Fed may postpone interest rate cuts until next year. Pimco executives said in an interview that investing in short-term publicly traded bonds could yield returns similar to equities, with yields between 6 and 8 per cent. "We haven't seen bonds with this return potential in 14 years," said Mark Kiesel, Pimco's chief investment officer for global credit. "We don't think yields will be at this level in the coming year." Dan Ivascyn, chief investment officer of Pimco, said institutional mortgage-backed securities in particular offer the best opportunity to provide stable returns even if the Fed stops raising interest rates.