A judge yesterday made the decision about who controls the city garages after Stockton missed a $779,935 payment on lease revenue bonds issued in 2004.
Legendary bond investor Dan Fuss says investors should swap market risk for company risk
Goldman strategist sees S&P 500 ending year as high as 1,600; corporate capex still robust
Mutual funds in the U.S. that focus on bonds have the highest percentage of their assets in cash since 2008, which may temper a rise in yields from about record lows as managers put that money to work.
U.S. municipal-bond yields rose for a fifth straight day to the highest in more than four months as government reports pointed to a recovery in housing.
Government notes headed for steepest decline in one quarter since 2010; Fed rate-raising raised
Investors are plowing cash back into tax-free bonds and Pacific Investment Management Co. is ready to take advantage of investors' renewed enthusiasm.
The highest yields on 30-year U.S. Treasuries since October erased the extra income advantage investors get from similar-maturity municipal bonds to the least in eight months, suggesting an opportunity to buy.
Marks first non-payment on GOBs by insolvent state capital; 'indication of how severe the problem is'
Berkshire boss says investors should steer clear of Treasuries; he's not big on gold, either
Junk bonds are becoming more attractive compared with 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.
Forecasting a solid rally after a bad first quarter; recent tailspin 'was not fully justified'
Prospects for return on equities compared to debt 'as good as they have been in a generation'
