An extension of the Build America Bond program was omitted from a compromise that President Barack Obama struck with congressional leaders to prolong tax cuts enacted in 2001 and 2003, White House officials said.
Forget the talk about a collapse in the municipal bond market — investors should be buying, according to a research note released last week by Municipal Market Advisors
Forget the talk about a collapse in the municipal bond market — investors should be buying, according to a research note distributed today by Municipal Market Advisors.
Lenders demanding -- and getting -- more concessions from corporate borrowers; 'pushing back'
High levels of correlation in the U.S. stock market have made picking individual stocks increasingly difficult. Recent studies indicate that about 80% of price action in the majority of widely traded stocks is closely correlated to a related index.
Bill Gross, who runs the world's biggest bond fund at Pacific Investment Management Co., cut holdings of government-related debt and bought more mortgages in September.
Some advisers aren't surprised to see the municipal bond market getting clobbered
Anything less than $500 billion in QE2 is likely to shake up investors, says fixed-income portfolio manager
Some advisers aren't surprised to see the municipal bond market getting clobbered.
Money flowing into municipal bond mutual funds more than doubled to $420 million in the week ended Oct. 20, according to Lipper FMI, a mutual fund research firm.
Municipal-bond issuers, whose default rate slowed this year, may face more failures in 2011 as federal economic-stimulus aid declines and budget pressures jeopardize debt payments, said Richard Lehmann, publisher of Distressed Debt Securities Newsletter.
Financial advisers are using last week's unexpected spike in interest rates to persuade clients that it's time to get out of long-term bonds and back into equities.
Bond fund giant's $56B in new funds almost four times what BlackRock took in; 'buildup of a new bubble'
Government check-writing also the likely end of 30-year bull run in debt market, says bond king
High levels of correlation in the U.S. stock market have made picking individual stocks increasingly difficult
Pioneer High Income Municipal Fund was last year's best performer among peers because it held revenue bonds from non-government issuers such as airports and hospitals, which were sheltered from the default speculation that buffeted states and cities.
Securitized bonds tied to home loans once again generating healthy returns; supply will shrink dramatically in 2011
Paul McCulley headed to global think tank; replacements not yet named
TD Ameritrade Inc. announced today that it will offer new-issue municipal bonds both to its discount clients and the investment advisers who hold assets in custody at the firm.
Says investors not getting paid enough premium to invest in high-yield debt; 'equity is very cheap'
