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.
Allianz launches fixed index annuity
By Staff WriterAllianz Life Insurance Company of North America recently introduced Allianz 360, a fixed index annuity exclusive to field marketing organizations and agents associated with the new Allianz Preferred distribution model.
August 31, 2011
Gundlach’s DoubleLine Total Return Bond Fund Exceeds $10 Billion in AUMSuperstar fund manager Jeff Gundlach's DoubleLine Total Return Bond Fund has reached $10 billion in AUM just 16 months since the fund launched.
August 31, 2011
PIMCO Launches PIMCO Credit Absolute Return FundPIMCO 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 30, 2011
PIMCO’s Gross ‘Crying in His Beer’ on Anti-Treasury BetGross said in an interview, When youre underperforming the index, you go home at night and cry in your beer. Its not fun, but who said this business should be fun. Were too well paid to hang our heads and say boo-hoo.
August 29, 2011
Q2 Annuity Sales Continue RiseFollowing the Insured Retirement Institutes announcement on Aug. 17 that variable annuity sales increased 23% in the first quarter of 2011, the organization announced that second quarter annuity sales are up again.
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.