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’s El-Erian: QE2 Failed to Boost U.S. Growth
By John SullivanWhile the bond-purchase program pushed investors into higher-yielding assets such as stocks, the “transmission mechanism” to lower unemployment by driving more money into the economy didn’t work, El-Erian of PIMCO said.
May 31, 2011
Annuity Assets Were Highest Ever in Q1: MorningstarAnnuity sales hit a new high-water mark with results for the first quarter of 2011, when they logged in with assets reaching their highest level ever and posted double-digit increases over the same period in 2010.
May 31, 2011
Yuan Appreciation Against Dollar Threatens Stability: China ExpertPolitical unrest in China could result if the yuan continues to appreciate significantly against the U.S. dollar, according to Benjamin Wey, president of New York Global Group. Late Monday the yuan did just that, guided by the central bank, and the move will not be without consequences.
May 24, 2011
RIAA: Pull Curtains Off Annuitized MoneyFinancial advisors would like to see financial statement providers do a better job of including information about clients' immediate income annuities.
May 18, 2011
Forget Schwarzenegger Scandal, California Tax Receipts Ease Budget BluesWith Arnold Schwarzenegger's "love child" scandal grabbing California's, and the country's, attention, the bigger news for the state of the former governor, which got somewhat trampled, was it's brightened budget picture.
May 17, 2011
Muni Bond Markets Rally to Highest Level in 6 MonthsRally comes at a time of extremely low supply of newly issued municipal bonds.
May 17, 2011
End of QE2? Not a Problem, Say ING Investment Management CIOsThe end of QE2 does not mean the end of the party for credit and the expansion will stay on track, say ING Investment Management fixed-income CIOs.
May 16, 2011
MSRB Adds Transparency for Variable Rate MunisMuch more detailed data on auction rate securities and other variable rate issues is now available on MSRB’s EMMA website