Pimco's Total Return Fund, the largest mutual fund on the planet, saw its first monthly net withdrawals since 2008. Asset managers say this could be the start of something big.
DoubleLine Capital is launching three fixed-income mutual funds, according to the company's filing with the SEC.
Bank of America Corp. agreed to pay $137 million to settle investigations of its involvement in a conspiracy to rig bids on 88 municipal bond contracts, the U.S. Securities and Exchange Commission and Justice Department said.
High-yielding debt from U.S. states, cities drawing plenty of interest from international investors
Lost in the “noise” of the year-end soothsaying contests are some simple lessons on investing.
More settlements expected, says antitrust chief; 'stay tuned to this channel'
Advisers meeting with clients on year-end strategies may be discussing a fixed income portfolio which sufficiently diversifies credit risk
An extension of the Build America Bond program was omitted from a compromise that President Barack Obama struck with congressional leaders to prolong tax cuts enacted in 2001 and 2003, White House officials said.
Forget the talk about a collapse in the municipal bond market — investors should be buying, according to a research note released last week by Municipal Market Advisors
Forget the talk about a collapse in the municipal bond market — investors should be buying, according to a research note distributed today by Municipal Market Advisors.
Lenders demanding -- and getting -- more concessions from corporate borrowers; 'pushing back'
High levels of correlation in the U.S. stock market have made picking individual stocks increasingly difficult. Recent studies indicate that about 80% of price action in the majority of widely traded stocks is closely correlated to a related index.
Bill Gross, who runs the world's biggest bond fund at Pacific Investment Management Co., cut holdings of government-related debt and bought more mortgages in September.
Some advisers aren't surprised to see the municipal bond market getting clobbered
Anything less than $500 billion in QE2 is likely to shake up investors, says fixed-income portfolio manager
Some advisers aren't surprised to see the municipal bond market getting clobbered.
Money flowing into municipal bond mutual funds more than doubled to $420 million in the week ended Oct. 20, according to Lipper FMI, a mutual fund research firm.
Municipal-bond issuers, whose default rate slowed this year, may face more failures in 2011 as federal economic-stimulus aid declines and budget pressures jeopardize debt payments, said Richard Lehmann, publisher of Distressed Debt Securities Newsletter.
Financial advisers are using last week's unexpected spike in interest rates to persuade clients that it's time to get out of long-term bonds and back into equities.
Bond fund giant's $56B in new funds almost four times what BlackRock took in; 'buildup of a new bubble'
