Janus Capital's Gibson Smith expects more of a gradual shift out of fixed-income securities
Pimco bond boss says rise in unemployment means QE will keep sailing along; rates could go up, however
Michigan governor calls it 'necessary step' and 'last resort' to restore fiscal health.
Insurers are hedged but customer reaction could scramble best laid plans.
Weakest one-month performance in five years, first monthly net outflows in two seal the deal.
The SEC accused Harrisburg, Penn., of misleading muni investors, leaving bondholders in the dark. It's the first time the agency has charged a municipality for statements made outside securities disclosures.
Rising rates, volatility in fixed income markets, plus Gross' big success, drive efforts.
Alternative bond funds passed their first real test last month. Barely. The funds, marketed to advisers as a way to avoid the drama of rising interest rates without ditching bonds, 'could have been a little more hedged' one analyst says.
Dan Fuss' former colleague sees value in agency debt; says junk bonds overheated
Don't overlook Social Security, Bogle warns; 'greatest fixed income'.
Could be all-or-nothing for rebounding money manager.
Finra is the latest to warn investors about a possible rout in the bond market, particularly for long-term debt. Dan Jamieson reports.
Loomis Sayles vice chairman is feeling optimistic
Default extremely unlikely on debt backed by ticket purchases; 'really an asset-backed security'
