BondWorks already in beta with 20K customers; new wealth management platform three years in the making
Alan Greenspan, former Federal Reserve chairman, said a default by Greece is “almost certain” and could help drive the U.S. economy into recession.
Stalemate between Democratic governor and GOP legislators leads to closure
Renewed proposals to eliminate the tax-exempt status of municipal bonds as a way to reduce the $1.5 trillion federal deficit are unlikely to succeed, according to a report by The Bank of New York Mellon Corp.
Meredith Whitney's at it again. The controversial analyst is now predicting a 'waterfall' of muni downgrades which will trigger a massive sell-off by insurers. If she's right, investors may be able to pick up some bargains in the process.
Protection against rise in interest rates may not be enough to offset risks; 'use them peripherally'
John Hirsch, 57, has been buying municipal bonds during the past four months, taking advantage of falling prices as muni funds are forced to sell them to cover withdrawals
Mutual funds that invest in floating-rate bank loans have emerged as one of the most popular strategies for protecting portfolios against rising interest rates
The news of late couldn't get much worse for muni bond investors, with gaping budget deficits and predictions of massive defaults. But fear not, BlackRock says there are lots of great investment opportunities in the tax-free universe. Just steer clear of those Florida dirt bonds.
New regulations aimed at ending the cozy relationship between government and those who advise the government on investment matters sound good on first blush. But as firms have discovered, the devil's in the details.
Asset management unit relaunching high-income fund as floating-rate fund; such offerings have seen record inflows on inflation worries
Muni bond transparency isn't very transparent. Indeed, making sense of muni bond funds can be an exercise in frustration. Now, a new rating system may clear things up a bit.
The tax-exemption provided to investors in U.S. state and local government bonds faces a fresh challenge in Congress, where two senators are pushing a bill that would roll back the subsidy.
Fund firms, individuals cut back dramatically on holdings of tax-exempt debt
Financial advisers have a new online tool to help show clients what effects rising interest rates will have on their municipal bond holdings
Ratings agency drops New Jersey down a peg; 'expect to see downgrades on almost everything this year'
Connecticut -- yes Connecticut -- now a worry; insurers cutting back on tax-exempt holdings, too
