Even though the partial shutdown of the government is set to give way to a prolonged — and probably nasty — debt-ceiling debate, now is not the time to bail from the markets.
Returns from the stock market's four-year rally match those of the late-1990s advance, but valuations are lagging. Bulls say that means there's more room to run; bears have a compelling counter argument.
Benchmark 10-year yields climb from almost the lowest level in seven weeks
Loomis Sayles & Co.'s Dan Fuss left rival bond-fund managers including Bill Gross behind in his eighth decade, by using a style generally associated with bargain-hunting stockpickers.
Jeffrey Gundlach's DoubleLine Total Return Bond Fund, which has beaten 97% of rivals over the past three years, had its third straight month of net withdrawals as investors continued to flee bonds.
Treasury 10-year note yields dropped to almost the lowest level this month as Federal Reserve Bank of New York President William C. Dudley said the U.S. economy has yet to show “any meaningful pickup” in momentum.
The Fed's unexpected change of heart has some advisers looking for a near-term rally in bonds. Jeff Benjamin has the story.
“I think Bernanke and company are committed to a taper,” Pimco co-founder says.
The world's biggest mutual fund keeps getting smaller.
Rout in bond market leaves few unscathed, even conservative target dates.
Long-term prospects of energy infrastructure assets remains attractive, Eagle Global Advisors' David Chiaro says
Demand for new Treasuries from their biggest owners is proving impervious to rising yields and the retreat of Wall Street dealers.
Gross tweeted: “Not braggin' but what did we tell you” about short-term treasuries.
Continuing QE is both an economic and psychological drag
Bond investors are losing confidence in the Federal Reserve's pledge to keep benchmark interest rates at about zero into 2015 as the U.S. economy accelerates.
A new polls finds that most investors don't think the markets will be roiled if the Federal Reserve begins to cut back its asset purchases - the much talked-about tapering - next week. Is a rally possible?
Is the 'great rotation' beginning with the high net worth crowd?
Bond fund firms scramble to keep investors from bailing out