Asset management unit relaunching high-income fund as floating-rate fund; such offerings have seen record inflows on inflation worries
Muni bond transparency isn't very transparent. Indeed, making sense of muni bond funds can be an exercise in frustration. Now, a new rating system may clear things up a bit.
The tax-exemption provided to investors in U.S. state and local government bonds faces a fresh challenge in Congress, where two senators are pushing a bill that would roll back the subsidy.
Fund firms, individuals cut back dramatically on holdings of tax-exempt debt
Financial advisers have a new online tool to help show clients what effects rising interest rates will have on their municipal bond holdings
Ratings agency drops New Jersey down a peg; 'expect to see downgrades on almost everything this year'
Connecticut -- yes Connecticut -- now a worry; insurers cutting back on tax-exempt holdings, too
Yes, California has problems. But Illinois has a budget gap the size of Lake Michigan. Not surprisingly, the cost of insuring bonds from the Land of Lincoln is surging. Muni bond investors, take note | <a href=http://www.investmentnews.com/article/20101228/CHART/101229956>Schiff: Muni meltdown near</a>
Investors are continuing to stampede out of tax-exempt muni bond funds, but they probably shouldn't, according to Gary Pollack, Deutsche Bank AG's head of fixed-income trading
Municipal bond investors are trying to unload holdings at the fastest pace in at least 14 years amid increasing mutual fund redemptions and rising U.S. Treasury rates, shortly after analyst Meredith Whitney forecast “hundreds of billions of dollars” in municipal defaults.
Meredith Whitney went out on a limb -- way out -- with a jaw-dropping prediction on '60 Minutes.'
With almost no place for interest rates to go but up, the distinction between individual bonds and mutual funds that invest in bonds is becoming increasingly important.
Nuveen Investments Inc., the asset manager owned by Madison Dearborn Partners LLC, plans to start a fund to buy corporate debt, the firm said in a prospectus filed today with the U.S. Securities and Exchange Commission.
Open-end U.S. municipal-bond funds dropped an average 3.7 percent in the past month as investors withdrew money for the first time in seven months.
Right now, the increase in the cost of living is far outstripping returns on certificates of deposits -- even long-term CDs.
Pimco has dumped all its holdings in long-term U.S. debt, and bond king Bill Gross is now betting against Treasuries. But traders say the legendary fund manager couldn't be more wrong.
Debt markets not flinching, says ING's Doug Cote, a good sign stocks will bounce back; 'buy on the dips'
Few investors grasp the damage inflation can do to long-term debt. But a new online tool from BondView might help bring clients' expectations in line with reality.
Selling into a depressed market is not the brightest move ever, but that's what many clients are doing by cashing out their muni bond funds. The better play? Stay patient -- and buy individual bonds
Firm eyes restricting sales of tax-exempt instruments to clients with e-mail addresses; construed as checking up
