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.
Municipal Bond Yields Low, Rising
By Danielle AndrusTax-exempt investment-grade municipal bonds as measured by the S&P National AMT-Free Municipal Bond Index have returned 2.41% so far this year, according to S&P Indices Vice President of Fixed Income Indices J.R. Rieger.
February 24, 2012
PIMCO’s El-Erian: ‘No More IMF Aid to Europe’Although Mohamed El-Erian had long advocated for aid to troubled Europe (with an obvious interest in mind), he wants strong strings attached to any lending, especially when it comes to the International Monetary Fund.
February 22, 2012
Muni Funds Record Fifth Straight Month of InflowsAs investors continue their desperate search for yield, municipal bond funds hit their fifth consecutive month of inflows, racking up more than $100 million in January, according to Boston-based Cerulli Associates.
February 22, 2012
RiverNorth to Soft Close Gundlach Strategic Opportunity FundFund that combines DoubleLine fixed income and RiverNorth closed-end fund strategies to close to new investors on March 30, but RiverNorth's Brian Schmucker says RNDLX will remain open to advisors already allocating to the fund, which is closing in on $1 billion in assets.
February 21, 2012
U.S. Economy Shows Strength as Dow at 4-Year High Nears 13,000: Schwab’s AguilarU.S. economic improvement, housing market stability and strong corporate profits have contributed to the stock markets solid performance in 2012 as the Dow hits a four-year high.
February 16, 2012
PIMCO’s Gross Ponders Life, Death and Recent Fed ActionBond king alerts readers to the costs for a marketplace that still believes cheap and abundant credit is always good.
February 15, 2012
Defending the FedAn American Enterprise Institute scholar argues that both the Fed and U.S. savers today must choose among unpleasant alternatives.
February 15, 2012
Pension Risk Transfer Attractiveness Unchanged, Despite Higher Pension Funding LevelsA key benchmark that gauges the relative attractiveness of annuitizing pension liabilities has remained nearly unchanged since January, according a press statement from Dietrich & Associates.