Fixed Income

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Financial advisors tweaking bond portfolios as rate cuts approach
INVESTING FIXED INCOME SEP 13, 2024
Financial advisors tweaking bond portfolios as rate cuts approach

Wealth managers are adding protection and modifying duration as the Fed prepares to cut rates.

Luxury real estate is the shiny new thing in muni bond markets
INVESTING MUTUAL FUNDS SEP 11, 2024
Luxury real estate is the shiny new thing in muni bond markets

Demand for luxury junk deals has helped drive outsized returns in high-yield municipal bonds this year, exemplifying a trend that favors developments for the ultra-rich.

Gold edges down as higher core inflation dampens Fed cut expectations
INVESTING ALTERNATIVES SEP 11, 2024
Gold edges down as higher core inflation dampens Fed cut expectations

Data showing a surprise housing-driven uptick push Treasury yields higher, dimming demand for the yellow metal.

ETFs come back from August volatility to take in $73B in inflows
INVESTING EQUITIES SEP 10, 2024
ETFs come back from August volatility to take in $73B in inflows

A broad stumble in equity strategies was offset by steadiness in fixed income and momentum in rate-sensitive sectors such as real estate.

Investors claiming "emotional distress damages" win lawsuit involving GWG bonds
INVESTING FIXED INCOME SEP 10, 2024
Investors claiming "emotional distress damages" win lawsuit involving GWG bonds

"This is one of the largest emotional distress damages awarded in Finra’s history,” says attorney.

BlackRock eases off the risk pedal across $131B model portfolios
INVESTING EQUITIES SEP 09, 2024
BlackRock eases off the risk pedal across $131B model portfolios

The world's largest asset manager is taking a step back from US stocks and growth in the lead-up to the Fed's hotly anticipated September cut and a dead-heat presidential race.

US yields retreat as jobs spark hopes for jumbo Fed cut
INVESTING FIXED INCOME SEP 06, 2024
US yields retreat as jobs spark hopes for jumbo Fed cut

Softer-than-expected jobs report opens the door to a 50-basis-point adjustment, but the jury is still out on the cautious central bank's next move.

Blockbuster summer fuels $609B haul for ETFs
INVESTING ALTERNATIVES SEP 03, 2024
Blockbuster summer fuels $609B haul for ETFs

US-listed ETFs raked in $75B, five times over the same period in 2023, amid an investor frenzy that cut across styles and asset classes.

Treasury yields rise on resilient signals pointing to measured Fed cuts
INVESTING FIXED INCOME AUG 29, 2024
Treasury yields rise on resilient signals pointing to measured Fed cuts

A positive revision in US GDP and healthy job market numbers prompted traders to pare their expectations.

Western Asset's co-CIO Leech takes leave of absence amid SEC probe
INVESTING FIXED INCOME AUG 21, 2024
Western Asset's co-CIO Leech takes leave of absence amid SEC probe

The fixed-income star at the Franklin Templeton-owned firm is facing scrutiny over some past trades in Treasury derivatives.

Vanguard is joining the active muni ETF fray
INVESTING ETFS AUG 16, 2024
Vanguard is joining the active muni ETF fray

The Jack Bogle-founded fund giant is bolstering its fixed-income shelf with actively managed municipal bond strategies.

Treasury yields spike as traders soften rate cut calls
INVESTING FIXED INCOME AUG 15, 2024
Treasury yields spike as traders soften rate cut calls

US economic resilience prompts markets to pare back hopes of aggressive Fed easing.

Rockefeller crashes the high-yield muni bond party with new ETFs
INVESTING ETFS AUG 14, 2024
Rockefeller crashes the high-yield muni bond party with new ETFs

The New York-based asset manager is the latest to join the booming $131B muni ETF space.

Companies keeping debt markets busy ahead of Fed decision
INVESTING FIXED INCOME JUL 29, 2024
Companies keeping debt markets busy ahead of Fed decision

Corporate borrowers have announced billions of dollars in new bond sales as funding conditions remain ripe for the moment.

What happens if munis lose their tax exemption? Advisors weigh in.
INVESTING FIXED INCOME JUL 23, 2024
What happens if munis lose their tax exemption? Advisors weigh in.

Uncle Sam is sitting on a mountain of debt and needs to find revenue wherever it can.

Wells Fargo says muni tax break at risk no matter who wins election
INVESTING FIXED INCOME JUL 22, 2024
Wells Fargo says muni tax break at risk no matter who wins election

Silver lining is that limiting access to tax-exempt bonds boosts the value of existing muni debt, says strategist.

Trump's second-term run threatens muni bonds' tax edge
INVESTING FIXED INCOME JUL 15, 2024
Trump's second-term run threatens muni bonds' tax edge

A long-enshrined tax exemption to municipal bonds could end up scrapped if the 45th president gets his way.

There’s still hope for Fed to start rate cuts this year, says UBS
INVESTING FIXED INCOME JUL 05, 2024
There’s still hope for Fed to start rate cuts this year, says UBS

Despite recent volatility in Treasuries, CIO for Americas highlights continued evidence of an economic soft landing ahead.

Stocks may seem serene, but watch out for these risks
INVESTING FIXED INCOME JUN 27, 2024
Stocks may seem serene, but watch out for these risks

There is nary a bear in sight, yet advisors need to take geopolitical worries into account, says a Wellington-Altus stategist.

Russell Investments expands its managed accounts menu
INVESTING FIXED INCOME JUN 17, 2024
Russell Investments expands its managed accounts menu

The asset manager is giving advisors more power to personalize portfolios with fixed-income and multi-asset options.