Bond fund manager said to have paintings, watches, Porsche and other valuables stolen
Low-volatility offering to invest in equity, fixed-income and currency futures
Speculative-grade debt now seen as an alternative to equities, says JPMorgan's Shanahan; balance sheets 'in pretty good order'
When credit is priced such that carry is no longer as profitable at a customary amount of leverage/risk, then the system will stall, list, or perhaps even tip over, says Pimco's Gross.
Investors chasing yield are hopping on municipal bonds, which remain cheaper than Treasuries. The question: When will the rush into tax-exempts end?
With life expectancies rising, fixed income investments won't make savings last longer
Lack of action of budget deficit will eventually lead to investor revolt; 'enough is enough'
Well-known PM managing to generate reasonable returns by betting on riskier credits; 'opportunistic approach'
As shown in the chart (above), the yield spread between investment grade AAA and BBB municipal bonds was 214 bps at the end of June.
