The poor outlook for fixed-income returns is pushing some institutional investors to consider more-active approaches to managing their fixed-income portfolios
BlackRock Inc., the world's biggest money manager, has been buying junk bonds since relative yields widened to levels that signal default rates more than three times the current pace and in excess of Wall Street's most bearish outlooks for the economy
A federal funds target at virtually 0% poses an immediate threat to bondholders amid rising inflation and negative real yields, according to Bill Gross, who runs the world's biggest mutual fund at Pacific Investment Management Co. LLC
Hang on for a rough ride as the European sovereign-debt crisis continues
Even a puny rise in interest rates will slam current holders of U.S. debt; inflationary shock 'a high probability'
Industry observers think the Securities and Exchange Commission will have to backtrack on a proposal to increase the number of people regulated as municipal advisers
The worst may be over for municipal-bond funds
Citibank claims the Federal Reserve's reckoning of the muni market doesn't include $700B in bonds bought directly by individual investors. Why is this important? A), it underscores the lack of credible info about tax-exempt debt. And B), as one muni bond manager put it, 'Armageddon is not right around the corner.'
Pioneer muni fund sees increased interest, nice yields as angst subsides
Federal Reserve Chairman Ben S. Bernanke tomorrow may disappoint stock investors betting on a commitment to step up stimulus. He has little choice, given rising consumer prices and a U.S. economy that is still growing.
Agency to begin collecting data on municipal bonds from MSRB; has authority to nix tax break
Ten-year Treasuries up 28% this year as fed head has managed to keep consumer prices in check
Pacific Investment Management Co.'s Mohamed El-Erian said President Barack Obama is moving for the first time to “get ahead” of U.S. economic challenges because the Federal Reserve is unable to revive employment on its own.
Regulator aims to impose fiduciary standard, compensation limits in bid to eliminate conflicts of interest
Unofficial proposals to create government debt backed by the entire 17-member eurozone would produce a massive bond market, similar in size, liquidity and quality to the $7.3 trillion U.S. Treasury market
The global economic crisis is leading to a possible “developed economy” recession in Europe and the United States that may be hard to alleviate, according to Pacific Investment Management Co. LLC's Bill Gross
Most think the average add on is about $6; it's not
Asset manager buying a boat load on junk bonds; yield ahead
