Treasury
volatility over the shorter term may increase as the Federal Reserve
begins its second round of asset purchases under quantitative easing,
according to Morgan Stanley's James Caron.
The subprime mortgage crisis isn't the only calamity Wall Street
created that's upending the finances of U.S. states and cities.
The Federal Reserve's plan to
buy an extra $600 billion in Treasury securities over the next eight
months is influencing wealth managers' recommendations for their
clients' portfolios.
by Marla Brill
Undervalued U.S. and Japanese companies, high-yield bonds, tech stocks and gold bullion are all on the menu at IVA Worldwide Fund.
Bill Gross said a renewal of asset purchases by the
Federal Reserve will likely signify the end of the 30-year bull market
in bonds.
The Treasury sold $10 billion of five-year TIPS at a negative yield for the first time as investors bet the Federal Reserve will be successful in sparking
inflation.
One of the mutual fund world's dirty little secrets
has been that "growth-and-income" and "equity-income" funds provided
shareholders with virtually no income.
One of the exchange-traded fund industry's latest innovations aims to
answer a long-standing criticism of bond mutual funds.
by
Karen DeMasters
In the first nine months of this year, Fidelity Capital Markets
increased its share of the municipal bond market by more than 50% over
the same period last year.
The SEC may seek sanctions against two former State Street executives accused of misleading investors in a bond fund with securities backed by subprime mortgages.
The U.S. Treasury Department plans to sell $2.2 billion of Citigroup
Inc. securities, under a plan to lock in profits from the bank's 2008
bailout.
(Dow Jones) Closed-end shareholders' dividends could be less if a ratings proposal by Standard & Poor's becomes a reality.
by Maury Fertig
A tiny corner of the U.S. securities market, closed-end funds often are oversold during downturns but actually provide reliable indicators of their true intrinsic value.
Bill Gross's Pacific Investment Management Co. made an $8.1 billion
wager that the U.S. won't suffer a decade of deflation like the one that
crippled Japan starting in the 1990s.
by Dow Jones
(Dow Jones) Moody's Corp. plans to replace its AAA ratings for money-market
mutual funds with a more-detailed grading system, but some in the fund
industry give the idea low marks.
by Dow Jones
(Dow Jones) As speculation mounts that U.S. lawmakers will let Bush-era tax cuts on
dividends lapse, some wealth managers are considering revising clients'
portfolios to minimize the tax hit.
by Alan Lavine
Its new Web site allows advisors to evaluate and buy fixed immediate annuities from a number of insurance companies.
U.S. corporate pension plans are falling behind future payouts to
retirees by the most in a decade amid a slowing economy and the lowest
bond yields on record.
