The SEC accused Harrisburg, Penn., of misleading muni investors, leaving bondholders in the dark. It's the first time the agency has charged a municipality for statements made outside securities disclosures.
Rising rates, volatility in fixed income markets, plus Gross' big success, drive efforts.
Alternative bond funds passed their first real test last month. Barely. The funds, marketed to advisers as a way to avoid the drama of rising interest rates without ditching bonds, 'could have been a little more hedged' one analyst says.
Dan Fuss' former colleague sees value in agency debt; says junk bonds overheated
Don't overlook Social Security, Bogle warns; 'greatest fixed income'.
Could be all-or-nothing for rebounding money manager.
Finra is the latest to warn investors about a possible rout in the bond market, particularly for long-term debt. Dan Jamieson reports.
Loomis Sayles vice chairman is feeling optimistic
Default extremely unlikely on debt backed by ticket purchases; 'really an asset-backed security'
A long-term view and reinvestment are key, according to Loomis Sayles' vice chairman.
They don't get much of a benefit unless short-term rates rise, Schwab strategist says
Interest rate spikes are looming threats to stock investors, as they could lead to higher capital costs and cut corporate margins and profits as many companies continue to suffer through sluggish sales.
Investors consider the category to be higher quality than junk bonds
Inflows way down at flagship funds piloted by celebrated pair; when will the hammer fall?