Raphael Bostic also said the upcoming elections will not be a factor when the Fed decides to lower rates.
High-grade corporate bond spreads pushed wider in August, but have since been partially recovering.
Traders lowered the odds of a half-point cut at the next Fed meeting.
The assets involved are “jumbo” loans originated by JPMorgan to borrowers with strong credit scores.
High-yield muni bonds are outperforming corporate high-yield bonds so far this year,
The overall market for cat bonds reached $46.5 billion in the first half of the year.
Inflation is still broadly on a downward trend as the economy slowly shifts into a lower gear.
The $1.7 billion hedge fund took profit in its discretionary macro fund on a long Treasury position.
Stock-index futures and Treasuries rose after the report.
State tax laws are a hodgepodge of rules that don't always align with IRS codes, advisors warn.
Fixed income worked as a hedge during last week's market chaos.
Some major Wall Street banks changed their calls after last week's jobs report to predict a half-point move next month.
The labor market remains strong despite recent jobs figures that were softer than predicted, she said.
Market turbulence has made bonds the best bet as a defensive play, says Pimco's CIO.
Higher mortgage rates have millions of homeowners choosing to stay put. That affects the economy.
The bank also sees the Fed cutting rates by half a percentage point in September and November.
JPMorgan Chase's CEO cited risks including deficit spending and the “remilitarization of the world.”
The 20-year Treasury bond is costing the government big money.
The plunge sparked a surge in refinancing applications.
Government bonds across the U.S. and Europe fell as the panic gripping global markets subsided.
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