Bill Gross has increased holdings of mortgage bonds in Pimco's flagship fund to the highest level since January in light of the Federal Reserve Board's announcement of plans to reinvest housing debt into the securities to drive borrowing rates lower
Investors should buy Fannie Mae and Freddie Mac mortgage-backed securities, which have slumped in response to planned changes to the government-supported companies' refinancing rules, according to Pacific Investment Management Co. LLC
Frank A. Barbera Jr., co-portfolio manager of the Sierra Core Retirement Fund, tracks a staggering number of jobs reports and other economic indicators. They all say the same thing, he says.
Junk bonds are becoming as attractive as stocks as relative yields on the debt soar to a two-year high and a U.S. recession becomes likelier, according to JPMorgan Chase & Co.
Pressure is building for higher dividends as U.S. companies from Google Inc. (GOOG) to Valero Energy Corp. (VLO) sit on record cash stockpiles, and payouts remain at three-year lows
Barton Biggs, a hedge fund manager who bought stocks when the market bottomed in March 2009, recently boosted bullish bets on equities in his Traxis Global Equity Macro Fund, citing improving U.S. economic data
Controversial plan to expand definition yanked to allow more input, further economic analysis
Pessimistic mass-affluent, millionaire investors are putting more money in play
Bank of America Corp., hit by a credit downgrade last month, has moved derivatives from its Merrill Lynch unit to a subsidiary flush with insured deposits, according to sources with direct knowledge of the situation
Gold prices, down 14% since touching a record last month, are poised for more losses, according to technical analysis by Steel Vine Investments LLC
