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.
Fidelity Launches TDF-Like Muni Funds
By John SullivanBoston mutual fund behemoth Fidelity Investments announced Wednesday it launched the Fidelity Defined Maturity Funds, a series of four municipal income funds, each with a defined maturity date.
June 20, 2011
Consumer Confidence Out of Sync with U.S. Stock GainsBloomberg Consumer Comfort Index diverges from Dow for the first time in 20 years.
June 17, 2011
Closed-End Fund Investors Still Wanted Fixed Income in MayEquity closed-end fund discounts remained stable during the month, while those of fixed income CEFs narrowed.
June 10, 2011
Muni Managers Say Widespread Default Fears Overblown: Morningstar ConfabRecent gloom about possible vast municipal bond defaults, like those predicted by Meredith Whitney, got a dismissive response from a panel of muni bond portfolio managers at the Morningstar Investment Conference in Chicago. “The predictions of widespread defaults that are going to decimate municipal bond portfolios are completely preposterous,” said...
June 09, 2011
At Morningstar Advisor Conference, Rapid Fire Round Table on Macro-Economic IssuesDon Phillips, Scott Burns, Russ Kinnel tackle large items in short amount of time.
June 08, 2011
Treasuries Rallied, Demand for Individual Munis Stabilized in May: BondDesk ReportA “flight to quality,” triggered by downbeat U.S. employment and housing data and the continuing Greek debt crisis, sent investors out of equities and into Treasuries in May.
June 07, 2011
PIMCO’s Bill Gross Loses Big on Lehman BondsLosses on certain Lehman bonds traded by PIMCO are estimated to exceed $3.4 billion.
June 06, 2011
10 Top Portfolio Products: New Offerings From T. Rowe, Matthews, Cadaret GrantAmong the week's new investment products: a Global X ag fund; Putnam subadvises bond funds; Matthews China fund.