Fixed Income
News and analysis of fixed income markets including the key factors affecting performance such as interest rates, Federal Reserve policy and the state of the economy.
SEC Charges Advisory Firm With Fraud Over Illiquid Bond Sales
By Melanie WaddellAAM purchased dubious bonds on behalf of clients while aware that the sales would generate a fee for an affiliated BD, the SEC says.
December 14, 2015
Massachusetts Probes Third Avenue Junk Bond Fund FreezeInvestors "do not expect to be cut off from trading in an open-end investment company registered under the 40 Act," Secretary William Galvin said.
December 14, 2015
Investors See Third Avenue Fueling More Bond Market CarnageTop bond managers are predicting more fallout amid a market rout that forced at least three credit funds in the past week to wind down.
December 14, 2015
9 Lessons From Third Avenue FreezeThe junk bond fund's withdrawal restriction raises questions about its investment strategy as well as market liquidity more generally, Mohamed El-Erian of Allianz writes.
December 11, 2015
Are Precious Metals Still ‘Precious’?Here's why precious metals should not be used as "safe money" in a client's portfolio, according to Ron DeLegge.
December 11, 2015
Top Portfolio Products: State Street Adds ETFs; Azzad Funds Shuns GunsYou may be surprised by the anchor investor in these three new smart beta ETFs introduced by State Street Global Advisors.
December 11, 2015
Third Avenue Redemption Freeze Sends Chill Through Credit MarketInvestors who piled into junk bonds are being reminded how hard it can be to cash out.
December 10, 2015
When Can Bond Traders Lie to Their Customers?Is lying to your investors about the price you paid for a bond fraud? A federal court decides.