Government check-writing also the likely end of 30-year bull run in debt market, says bond king
High levels of correlation in the U.S. stock market have made picking individual stocks increasingly difficult
Pioneer High Income Municipal Fund was last year's best performer among peers because it held revenue bonds from non-government issuers such as airports and hospitals, which were sheltered from the default speculation that buffeted states and cities.
Securitized bonds tied to home loans once again generating healthy returns; supply will shrink dramatically in 2011
Paul McCulley headed to global think tank; replacements not yet named
TD Ameritrade Inc. announced today that it will offer new-issue municipal bonds both to its discount clients and the investment advisers who hold assets in custody at the firm.
Says investors not getting paid enough premium to invest in high-yield debt; 'equity is very cheap'
Financial advisers are using the unexpected jump in interest rates to persuade clients that it's time to get out of long-term bonds.
The long-awaited events of last week included the mid-term elections and Federal Reserve (Fed) announcing the details of another stimulus program
Shrinking gap between Treasuries and corporate debt 'sign of credit market recovery'
Bond giant expects little impact from the Fed's quantitative easing; says sovereign debt a better bet
With growing concerns about an increase in defaults among state and city governments, money managers are ratcheting up their efforts to reduce the levels of risk in their municipal bond portfolios.
Standish Mellon Asset Management has spent the past several months unwinding the credit risk of its municipal bond funds, but isn't scared of massive defaults coming down the pike.
U.S. municipal bond yields rose to a four-week high as investors refrained from buying in hopes of better returns.
Warren Buffett, whose Berkshire Hathaway Inc. has been trimming its investment in municipal debt, predicted a “terrible problem” for the bonds in coming years
OppenheimerFunds Inc. is moving away from traditional print ads and brochures to focus on new digital marketing strategies aimed at financial advisers.
Pacific Investment Management Co. LLC, the Allianz SE fund unit overseen by Mohamed El-Erian and Bill Gross, took in more money than any other asset management firm during the third quarter, with more than $56 billion in deposits.
FBR Capital Markets downgraded The Charles Schwab Corp. last week on concerns that the company could face more litigation from investors.
The flood of assets into U.S. Treasuries and bond funds over the past few years is not symptomatic of a bond bubble, but of a risk-averse investor universe,
Solid results from the fixed income markets in 3Q mask the fact that it was yet another roller coaster quarter within another volatile year
