Yes, California has problems. But Illinois has a budget gap the size of Lake Michigan. Not surprisingly, the cost of insuring bonds from the Land of Lincoln is surging. Muni bond investors, take note | <a href=http://www.investmentnews.com/article/20101228/CHART/101229956>Schiff: Muni meltdown near</a>
Investors are continuing to stampede out of tax-exempt muni bond funds, but they probably shouldn't, according to Gary Pollack, Deutsche Bank AG's head of fixed-income trading
Municipal bond investors are trying to unload holdings at the fastest pace in at least 14 years amid increasing mutual fund redemptions and rising U.S. Treasury rates, shortly after analyst Meredith Whitney forecast “hundreds of billions of dollars” in municipal defaults.
Meredith Whitney went out on a limb -- way out -- with a jaw-dropping prediction on '60 Minutes.'
With almost no place for interest rates to go but up, the distinction between individual bonds and mutual funds that invest in bonds is becoming increasingly important.
Nuveen Investments Inc., the asset manager owned by Madison Dearborn Partners LLC, plans to start a fund to buy corporate debt, the firm said in a prospectus filed today with the U.S. Securities and Exchange Commission.
Open-end U.S. municipal-bond funds dropped an average 3.7 percent in the past month as investors withdrew money for the first time in seven months.
Right now, the increase in the cost of living is far outstripping returns on certificates of deposits -- even long-term CDs.
Pimco has dumped all its holdings in long-term U.S. debt, and bond king Bill Gross is now betting against Treasuries. But traders say the legendary fund manager couldn't be more wrong.
Debt markets not flinching, says ING's Doug Cote, a good sign stocks will bounce back; 'buy on the dips'
Few investors grasp the damage inflation can do to long-term debt. But a new online tool from BondView might help bring clients' expectations in line with reality.
Selling into a depressed market is not the brightest move ever, but that's what many clients are doing by cashing out their muni bond funds. The better play? Stay patient -- and buy individual bonds
Firm eyes restricting sales of tax-exempt instruments to clients with e-mail addresses; construed as checking up
MSRB looking to boost information available to B-Ds, investors; source of that info still a bottleneck, however
Pimco and other investors are boosting holdings of yuan-denominated assets as debt crises worsen in the U.S., Europe and Japan
PFM Group, owner of the largest investment adviser in the U.S. municipal bond market, bought a smaller competitor co-owned by Lois Scott, Chicago Mayor Rahm Emanuel's new chief financial officer.
The Fed Reserve's quantitative easing is finally about to end. S&P analyst Michael Souers says this could be a real a boost for Treasuries with less lengthy maturities. Retirees, take note.
As regulators increase scrutiny of municipal bond sales, Wells Fargo Advisors LLC, J.J.B. Hilliard W. L. Lyons LLC and Commonwealth Financial Network are among the broker-dealers that are considering changes in how financial advisers disclose material events about muni bonds to clients
Regulator issues alert about structured products, bank loan funds; 'significant recent inflows'
S&P has lowered it outlook on the U.S. credit rating. Bill Gross and other fund managers are betting against Uncle Sam. And then there's Claud de Wildt, a Fidelity SVP and researcher. His advise to investors? "Don't give up on Treasuries yet."
