Company decides to delay launch of six tax-exempt mutual funds and ETFs; 'consternation' about muni market
With inflation looming, bond funds begining to purchase equity-linked debt; little downside to upside protection
High-yield strategies continued to lead the top fixed-income strategies for the one-year period ended Sept. 30, according to Morningstar Inc.'s separate-account/collective-investment-trust database, though their dominance of late has waned
In rarity, yields on municipal debt outstripping Treasuries; 'value pendulum has swung'
A recent survey of financial professionals on fixed income allocations indicated a continuing strong preference for municipal and corporate bonds.
In light of the extreme volatility in the municipal bond market, The Vanguard Group Inc. has withdrawn the documents it filed with the Securities and Exchange Commission to launch three muni bond index funds and three exchange-traded funds, as first reported on InvestmentNews.com.
SEC subpoenas documents in Massachusetts; 'these products are top of mind'
The recent wave of fear surrounding the municipal bond markets is overhyped, but the increased focus on the fiscal condition of state and local budgets is a good thing, according to Leslie Barbi, head of fixed income at RS Investments.
Should investors be spooked about the prospect of a muni market meltdown after Meredith Whitney's warning on 60 minutes last week?
The leader of one of the country's most politically influential business organizations in a speech today criticized what he called a “regulatory tsunami” in Washington that represents the “biggest single challenge to jobs … and the future of American enterprise.”
Bond king likens free-spending policy makers to female mantis, 'munching on the theoretical heads of future generations'
<i>The webcast “Forecast 2011,” was held Dec. 7 in New York. The transcript was edited to acknowledge passage of the Obama-GOP tax compromise. It was moderated by deputy editor Evan Cooper and senior editor Jeff Benjamin. </i>
The Charles Schwab Corp. has been hit with another lawsuit claiming that its Total Bond Market Fund, which was represented as tracking the Lehman Brothers U.S. Aggregate Bond Index, loaded up with mortgage-backed securities prior to the financial crisis.
Asset manager sues its ex-investment chief again, this time for allegedly misappropriating trade secrets
In a sign that local economies might not be in such bad shape, the Pimco boss plunks $4.4 million of his own money into muni bond funds.
Worst performance in nearly 25 years, as prices plunge; the good news: yields are soaring
Investment guru says long bonds from Uncle Sam the kiss of death
