Yellen Says March Hike ‘Likely Appropriate’ If Progress Persists
The March 10 jobs report is the "most significant data report" Fed policymakers will have to measure that progress when they meet in mid-March.
Pimco’s New Bond Chief Is Nailing It
His $75 billion fund eclipses one formerly run by Bill Gross; low-key Dan Ivascyn makes contrarian bets in a tumultuous year.
Trump Wipes Out $5 Billion of Muni Gains at Top US Insurers
Trump's plans to cut corporate taxes and fears he could end the tax-exempt status of munis have reduced insurers' unrealized gains on muni investments.
Trillions of Dollars at Stake When Trump Addresses Congress Tuesday Night
Money managers, traders and analysts will be listening for details about the pro-growth policy agenda that Trump has promised.
FINRA Launches New TRACE Data Product for Academics
The Academic Corporate Bond TRACE Data product is an enhanced version of historical TRACE data that includes masked dealer identities.
TIPS May Not Be the Best Hedge Now Against Rising Inflation
The Treasury's inflation-protected securities posted stellar performance last year, but that's not the case so far this year.
Fed Officials See Rate Hike ‘Fairly Soon,’ Minutes Show
Fed officials expressed confidence they can raise interest rates gradually, while a hike “fairly soon” might be appropriate to avoid overheating the economy.
FINRA Panel Says UBS Must Pay $9M to Puerto Rican Muni Investor
The arbitration ruling comes just one month after an $18 million ruling, with more decisions expected.
Lincoln Financial, AIG Launch Fee-Based Annuities: Top Portfolio Products
In other product news, Tortoise, IndexIQ and First Trust launch new ETFs.
Yellen Sees More Rate Hikes Needed if Economy Stays on Course
The Fed chair was delivering her semiannual report on monetary policy to the Senate in her first appearance since Donald Trump was elected president.