SEC Responds to Market Volatility by Ramping Up Bond-Fund Exams
Surging market volatility is making regulators increasingly concerned that bond funds have loaded up on hard-to-sell assets.
ETF Providers Get Ready for Rising Rates
Advisors need to address the fixed income allocation of client accounts differently than in years past.
Global Bond Market Suffers From Too Much Central Bank Control: Thornburg
Global central banks' determination to keep interest rates low has forced investors to put money into risky securities, Thornburg's fixed-income portfolio managers warn.
Bernanke Offers No QE3 Salve, Talks Up Regulatory Role
The Fed chairman said Monday night that money market funds and asset-backed securities were aspects of a shadow banking system that created “potential channels for the propagation of shocks through the financial system and the economy.”
Global Insurers Face Pressure on Iran Sanctions
The move toward tightening sanctions on Iran has moved up a notch as proposed legislation would target global insurers who provide insurance or reinsurance on any deals with Iran that are forbidden by U.S. law.
Defending the Fed
An American Enterprise Institute scholar argues that both the Fed and U.S. savers today must choose among unpleasant alternatives.
War of Borrowers Against Savers: News Analysis
When Fed Chairman Ben Bernanke announced two weeks ago that the Fed expected to maintain its near-zero interest rate policy at least as long as the end of 2014, it was the latest salvo in our loose monetary regime’s increasing repression of savers.
Return to Gold Standard Gets Political Play
Newt Gingrich made news last month when he pledged to appoint gold bugs Lewis Lehrman and James Grant to a new commission that would explore the feasibility of returning the U.S. to the gold standard.
Fed Asks Congress to Ease Lending Standards and Housing Inventory
Quincy Krosby, chief market strategist for Prudential Annuities, thinks the 'Fed will probably give us QE3' this year, but will focus on buying mortgage-backed securities rather than Treasuries.
PIMCO’s El-Erian: QE2 Failed to Boost U.S. Growth
While the bond-purchase program pushed investors into higher-yielding assets such as stocks, the “transmission mechanism” to lower unemployment by driving more money into the economy didn’t work, El-Erian of PIMCO said.