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.
PIMCO Launches PIMCO Credit Absolute Return Fund
By John SullivanPIMCO announced Wednesday the launch of the PIMCO Credit Absolute Return Fund. The company describes it as a fund for investors seeking a global, diversified strategy that is focused on absolute return and not constrained by a benchmark.
August 25, 2011
‘Flight to Safety’ Prompts Higher Fixed Annuity SalesSecond quarter fixed annuity sales overcame falling interest rates to post their second consecutive quarter-to-quarter increase. Beacon Research, which studies annuities, reports sales improved 8% from the prior quarter to $20.4 billion, and all but one product-type grew.
August 22, 2011
Treasuries Price In $500 Billion, Anticipate QE3As central bankers prepare for their annual confab in Jackson Hole, Wyo., later this week, Barclays says traders have already priced in $500 billion to $600 billion of Treasury purchases by the Fed. But analysts interviewed by Bloomberg say its unlikely an announcement will happen, which will result in a...
August 22, 2011
Recession Priced Into Treasuries, as Yields Near Historic LowsInvestors flight to safety into U.S. Treasuries (despite the recent S&P downgrade) has driven yields toward historic lows and has market participants pricing in a recession, say market watchers such as Brent Burns of Asset Dedication.
August 22, 2011
Top Portfolio Products: Cantor Fitzgerald to Launch ETF Arbitrage, Van Eck Adds Mortgage REIT ETFThis week in new portfolio products, Cantor Fitzgerald announced that it will launch an ETF arbitrage business under Dan Segal, and Van Eck introduced a mortgage REIT income ETF.
August 18, 2011
Gundlach: Banking Crisis Is ‘Just Like 2008’; Stay Away From MarketsThe widely followed manager tells AdvisorOne that there are no opportunities to invest in markets, so investors should stay conservative.
August 16, 2011
Fitch Reaffirms Triple-A U.S. Debt RatingFitch Ratings affirmed the United States Triple-A debt rating Tuesday and called the countrys outlook 'stable.'
August 12, 2011
Avast, Me Hearties!And now some lighter fare for your Friday afternoon...I got an interesting bit from my friends at the American College of emergency Physicians yesterday. These ...