Bond Funds
Keep up with the latest news about bond funds which can provide diversity and income to portfolios and offset equity risk.
CDS Not Triggered by Greek Bailout: ISDA
By Marlene Y. SatterThe bailout of Greece involving an exchange of sovereign bonds did not constitute a credit event and therefore need not trigger credit default swaps to pay creditors, according to the International Swaps & Derivatives Association.
February 22, 2012
Muni Funds Record Fifth Straight Month of InflowsAs investors continue their desperate search for yield, municipal bond funds hit their fifth consecutive month of inflows, racking up more than $100 million in January, according to Boston-based Cerulli Associates.
February 21, 2012
Greece, Europe Agree on Bailout to Avert DefaultAfter months of wrangling and several missed deadlines by Greece, euro zone finance ministers finally reached accord on a new bailout for Athens that included additional austerity measures and cuts for private bondholders.
February 17, 2012
Italian Police Seize $6 Trillion of Fake U.S. Treasury BondsItalian police said on Friday announced they had seized about $6 trillion worth of fake U.S. Treasury bonds, worth roughly a third of the entire U.S. national debt that, if released into the worldwide financial system, could potentially have caused serious disruptions.
February 17, 2012
Top 20 TIPS Funds in 401(k) Plans: BrightScopeResearch firm BrightScope announced this week the Top 20 Treasury Inflation Protected Securities (TIPS) funds by total distribution.
February 15, 2012
ECB Plans to Surrender Greek Bond ProfitsECB officials Joerg Asmussen and Luc Coene support the idea, and discussions are under way to determine how to book such profits up front so that they can be provided to Greece as an early lump sum.
February 14, 2012
Investors Hold Steady in Stock Funds in JanuaryA January market rally wasn't enough to get investors back into stock mutual funds in a big way. But they did stop pulling out more cash than they were putting in, ending an eight-month string of net withdrawals.
February 08, 2012
War of Borrowers Against Savers: News AnalysisWhen Fed Chairman Ben Bernanke announced two weeks ago that the Fed expected to maintain its near-zero interest rate policy at least as long as the end of 2014, it was the latest salvo in our loose monetary regimes increasing repression of savers.