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.
SEC Questions Mutual Fund Muni-Debt Prices
By John SullivanThe Securities and Exchange Commission is investigating whether some mutual funds have overstated the value of risky municipal bonds that are thinly traded, according to people familiar with the matter.
February 15, 2011
GLWBs: The advisor conundrum, part 2With boomers poised to leave the workforce en masse, financial services companies have inundated the market with income riders for annuities.
February 14, 2011
PIMCO Launches Broker-Dealer, So Advisors Can Buy DirectAdvisors can now buy PIMCO funds and ETFs through a new B-D, rather than going through Allianz. Led by CEO Mohamed El Erian, PIMCO is the 5th-largest U.S. fund family.
February 14, 2011
The Interest Rate Question and Municipal Bonds, Part III: Is Now the Time to Buy?It’s likely, argues Ben Warwick after digesting the insights of PIMCO and James Grant, that the tax-free sector will get even more attractive.
February 14, 2011
Morningstar Adds Individual Bond Data to Advisor PlatformsCompany says it is responding to advisor demand for price and performance data on individual bonds and to get a more holistic view of client portfolios.
February 11, 2011
The Municipal Bond Trade, Part II: Is Now the Right Time to Buy?The fundamentals are certainly interesting, and buying opportunities certainly exist in some types of munis, says Ben Warwick of QES and Aspen Partners.
February 11, 2011
Portfolio Fix: Adding Global Bond Funds for DiversificationThree global-bond funds stood out from the rest as being worthy of further consideration.
February 11, 2011
PIMCO’s Narens on the Muni Bond Trade, Part I: —Is it Time?Is the bumpy ride over in muni bonds? The current and future state of the market