Yields on 10-year Treasury notes climbed to the highest levels since September this week as the number of new jobs added in February surpassed expectations. Both developments point to a possible acceleration for the economy in spring.
Advisers should continue to monitor the situation at Pimco closely, explore other options for assets that are housed at the company and keep an open mind.
S&P move was no surprise, but some managers see longer-term strains and are staying away.
Those who provide local governments with advice on derivatives won't have to register.
BlackRock and Goldman Sachs are the big beneficiaries of Pimco's bad bond call.
Spike in volatility unnerves clients; some staying the course in anticipation of recovery.
<i>Breakfast with Benjamin:</i> Why most Americans feel they've missed the market's historic bull run. Plus: Warren E. Buffett offers retirement advice, playing defense with luxury goods, Candy Crush at $21 a share, comparing QE to the telegraph, and Ackman's never-ending obsession with Herbalife
Today: The Gross-El-Erian rift grows as Total Return's performance lags. Plus: It's jobs report day, here's what you need to know; the bitcoin story goes all O.J.; household wealth rallies and whether wealth management and car racing mix. Oh, turn your clocks back this weekend.
Also in today's Breakfast with Benjamin: Getting contrarian in 2014, El-Erian picks apart the Fed's taper plans, Morningstar warns against timing this market, more Obamacare taxes coming, and companies that got social media right
Bonds have outperformed stocks so far this year so are we looking at the great “unrotation” rather than the “great rotation?” J.P. Morgan Asset Management's Nick Gartside thinks perhaps but you have to look around.
iShares, Wisdomtree launch new funds taking advantage of the government's new floating-rate notes.
The Goldman Sachs Group Inc. is drawing record deposits into a bond mutual fund that's making money even as interest rates rise, giving the bank a boost in one of the few Wall Street businesses it hasn't dominated.
Among all the noise over interest rates, economic growth and overextended equity market valuations, advisers could be missing the biggest risk: Ignoring the basics.
Fundamentals remain solid, valuations have improved but significant risks remain.
Neither the best- nor worst-case scenario is accurate and that means credit analysis is more important than ever.
Through last week, muni bond mutual funds have experienced 27 consecutive weeks of net outflows and while the investor exodus has not helped fund performance, it has contributed to the reality of basic bond math, which means higher yields.
Modest $10 billion cut plus reaffirmation of zero-interest rate policy puts nervous investors at ease.
<i>Breakfast with Benjamin:</i> Emerging market selloff raises contagion fears. Plus: Short-selling starts to make sense, Bill Gross plans to work till he's 109, Obamacare triggers downgrade of health insurers, economists bicker over minimum wage laws, and tricks of debt-free Americans.
Today: Who will be happy with Obama's budget blueprint? Plus, a contrarian idea for stocks, tapering already, gold, GMATs and g-forces.
Investors who shy away from fixed income because of rising-rate fears are missing opportunities. Here are some areas to check out.
