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.
Wall Street Fees Bleeding Pension Funds, Report Says
By Gil WeinreichStates struggling with unfunded pension liabilities could come up with tens of billions fairly quickly by simply cutting Wall Street out of their fat pension management contracts.
July 04, 2013
Are TIPS From Bill Gross Worth Much Anymore?Between Gross' heavy bet on TIPS and the Fed's announcement that it would taper off its bond buying, it has been a rough few months for PIMCO.
July 03, 2013
At Midyear, Bob Doll Judges His Top 10 Predictions for 2013By Bob Doll's own accounting, the Nuveen chief equity strategist got five predictions right and three wrong, and two are still too early to call.
July 02, 2013
Viewing Interest Rate Volatility Risk Through an Options LensFor most clients, the objective of fixed income is yield; for others, the goal is to dampen the volatility of their equity portfolio. Options offer the possibility to do both.
July 01, 2013
Morningstar ’13: Gamma in FocusPossibly the most valuable content at the Morningstar Investment Conference, held June 12-14 in Chicago, is a rather technical session on the subject of…
July 01, 2013
Unprecedented Muni Deal Will Gut Investors in Alabama Sewer ProjectThe costly sewage system revamp in Jefferson Counly, Ala., looks like a raw deal for muni debt holders who, for the first time, will be forced to accept a loss of principal.
June 29, 2013
A Surprising Opportunity for Possible YieldBank loan funds have "no upside," says Mark Okada of Highland Capital, so why are they so appealing?
June 28, 2013
Vanguard Wraps Up Benchmark Switch, Taps Muni Bond Fund ManagersThe fund giant moves 22 index funds with $650 billion in assets to FTSE and CRSP benchmarks, including popular emerging-markets products.