As recently as last year, a widespread view in investing was that stocks were the only game in town, but now the ground has shifted.
3 minAs recently as last year, a widespread view in investing was that stocks were the only game in town, but now the ground has shifted.
3 minThe Fed may be following moves by Australia and New Zealand, but it looks like it's ahead of the European Central Bank.
2 minSecurities backed by home loans offer attractive income and relatively cheap prices, with some mutual funds and ETFs yielding about 5%.
Long readThe S&P 500’s recent rally has pushed the index’s valuation multiple higher.
3 minA year after the European Central Bank started hiking borrowing costs, the euro zone has fallen into recession.
1 minWall Street walked away from the asset manager's investor day feeling more confident about its ability to consistently achieve 5% organic revenue growth.
2 minBond yields are starting a secular climb after falling from 1981 to 2021, say two Wall Street legends. What it all means for investors.
Long readSara Devereux, head of fixed income at Vanguard, oversees a unit with more that $2 trillion in assets. Her take on Treasuries, corporates, munis, and more.
Long readInterest in cryptos has faded, and crypto exchanges depend on retail investors.
2 minJunk bonds are priced as if a recession isn’t in the cards, even as default rates are starting to rise.
3 min“This bipartisan agreement is a big win for our economy and the American people,” President Joe Biden says.
2 minThe bill must get a majority of 218 votes in the House of Representatives today to move forward.
2 minAfter years of cutting back on bonds, family offices plan to increase their allocations to fixed income over the next five years, according to UBS.
3 minTwo Republicans on the House Rules Committee, the gatekeeper for legislation coming to the floor, have said they oppose the deal, The Wall Street Journal reported.
1 minAn outline of an agreement has emerged that would raise the limit for the next two years and would cap overall federal spending.
2 minWhen bond prices go down, yields go up. The 10-year Treasury note now yields 3.8%, up from a recent low of just over 3.3%.
2 minReturns are reaching levels that haven’t been seen in years, and the short-term U.S. securities offer liquidity with very little risk.
4 minLocal governments rely on federal revenue, and any U.S. default or reduction in government aid would hit certain muni bonds.
2 minRick Rieder, chief investment officer of global fixed income at BlackRock, said the White House and Congress will hammer out a deal and avoid a default, although the timing is unclear.
3 minIf there's no deal to avoid default, the fallout would include big losses. Even if there is an agreement, volatility could spike.
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