The Municipal Securities Rulemaking Board's revamped municipal-bond disclosure system, set to go live next month, won't be quite the panacea for disclosure that regulators hope, according to some observers.
Some well-known equity boutiques have begun offering bond strategies this year, diversifying their portfolios after the market collapse focused attention on the ability of money management companies to cope with severe downturns.
The real and potential risks of federalizing municipal-bond insurance far outweigh any potential benefits.
The federal government is the only potential guarantor whose backing would significantly lower local borrowing costs.
Investors have responded enthusiastically in recent months to government stimulus plans and signs of renewed economic activity, triggering a resounding risk rally.
Goldman Sachs Asset Management, a unit of The Goldman Sachs Group Inc., has launched a fund designed to help investors take advantage of the fast-changing credit markets.
The stellar returns that junk bond funds are generating are unsustainable and will come to an end, fund managers and financial advisers agree, but they disagree on when that will be.
Long-term bond yields climbed sharply on today as improving sentiment on the economy sapped demand for government debt.
Long-term bond yields fell again on today as investors returned to the Treasury market for the second day running.
Many pension managers are allotting more assets to long-term investment-grade corporate bonds, reported Standish Mellon Asset Management Co. LLC of Boston today.
Financial advisers are at risk of getting caught in a classic “bond bear trap” — reaching for yield in a low-interest-rate environment, then getting hammered when rates ultimately rise.
In what advisers say is a flight to safety and returns, municipal bond funds attracted more than $20 billion in new cash from January through May 13, according to the Washington-based Investment Company Institute.
Signaling greater stability in the credit markets, most of the major fund complexes offering Treasury money market mutial funds have discontinued their participation in the federal guarantee program on those funds.
Managers have moved to a net underweighted position in bonds for the first time since last August, the survey said.
MBIA Inc. is the target of a lawsuit by a group of 18 financial institutions claiming that the bond insurer's separation of its businesses early this year was fraudulent, The Wall Street Journal said Wednesday.
Investors pulled $87.6 billion out of stock, bond, mixed-equity and money market mutual funds in March, the highest net redemption total since September 2008, according to a report released today by New York-based Lipper Inc.
Safety reigns supreme this year, with managers of long-duration and government bond strategies taking six of the top 10 spots in Morningstar Inc.'s database of separate accounts and collective investment trusts for the year ended March 31.
The monthly auctions of 30-year bonds follows Treasury's decision just three months ago to double the frequency of the auctions from four times annually to eight.
A little more than a week after they were first issued, sales of Build America Bonds have reached nearly $10 billion and are climbing.
After getting beaten to a pulp last year, convertible bonds are making a comeback.
