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.
BofA Takes ‘Giant Step’ as Mortgages, Cost Cuts Fuel Profit
By Hugh Son, BloombergThe news follows CEO Moynihan's remarks in May that the firm would have to cut costs further in its trading division.
July 14, 2015
JPMorgan Profit Beats Analysts’ Estimates as Expenses DropThe bank boosts net income despite a drop in revenue amid sluggish fixed-income trading.
July 13, 2015
Greek Deal Was the Easy Part for Both SidesThe negotiations over the weekend between Greece and European leaders were bruising and messy, and implementation of the deal will be equally difficult and uncertain.
July 13, 2015
Global Stock Markets Saw Massive Inflows Last Week Despite SelloffA funny thing happened in global financial markets last week, which could be a warning for future volatility.
July 10, 2015
Wells Fargo Grabs Morgan Stanley, Merrill Reps as Raymond James Nabs UBS TeamThe four new Wells Fargo advisors come on board with some $900 million in assets; the new RJ group has some $300 million.
July 10, 2015
Yellen Maintains Outlook for First Fed Rate Hike in 2015But "unanticipated developments could delay or accelerate this first step," the Fed chief said.
July 09, 2015
Gundlach: Less Than 25% Chance of Fed Rate Hike in SeptemberThe DoubleLine CEO sees lots of volatility around and maintains his long-held belief that Greece will exit the euro.
July 08, 2015
Americans' income drop last decade makes U.S. a world rarityThe U.S. is the only developed economy to slip backwards on the share of its people living on more than $50 a day.