Results for "bonds / fixed income"

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Rate cut seen as positive for high-yield-bond investors

September 24, 2007

After being beaten down as a result of the subprime-mortgage mess, junk bonds now look like big winners following last week’s interest rate cut by the Federal Reserve. And some industry experts say that that may translate into a sustained rally...

Court reverses FSA ruling

September 19, 2007

An Atlanta federal appeals court yesterday reversed a ruling, thereby affirming the dismissal of securities fraud charges against underwriter Stephens Inc. The court turned down an appeal by Financial Security Assurance Inc., a New York-based...

Gross: Crisis needs ‘Rooseveltian’ response

August 24, 2007

Prominent bond fund manager Bill Gross said the subprime-mortgage crisis needs a federal response of “Rooseveltian proportions.” In a commentary posted on PIMCO's website, Mr. Gross, the founder and director of Pacific Investment Management...

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