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.
JPMorgan: Recession Unlikely, So Take Advantage of Extreme Valuations
By Joyce HansonIn a critique of the Fed's Operation Twist announcement, JPMorgan market strategist David Kelly said it was a failure because the markets have reached the point where they must self-correct.
September 16, 2011
Gundlach Guilty of Fiduciary Breach, but Awarded Millions in DamagesA jury awarded Jeffrey Gundlach and co-defendants $66.7 million but found he breached his fiduciary duty and violated trade secrets when the star fund manager broke off from TCW to start rival firm DoubleLine Capital.
September 14, 2011
Senate Finance's Baucus: Let Tax Cuts for Wealthy ExpireAt a hearing held by the Senate Finance Committee on Wednesday to discuss the committees ongoing efforts to reform the tax code, Sen. Max Baucus, D-Mont., chairman of the committee, said the lower tax rates for the nations wealthiest workers must expire, rather than making major cuts to Social Security...
September 14, 2011
Stagnation Nation: Census AnalysisThe gap in what people earn today compared to what they once earned goes far to explain the current pervasive sense of economic malaise, U.S. Census data show.
September 14, 2011
August Market Volatility: ‘Ordinary,’ Says VanguardThe S&P tends to move less than 1% per day, though it moved 2.5% per day for most of last month.
September 07, 2011
Allianz launches fixed index annuityAllianz 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.
September 01, 2011
Bill Gross Seeks ETF GloryStar fund managers are hard to come by in the ETF market, but that’s about to change. The PIMCO Total Return ETF, managed by none other than Bill…