Department could launch program in a year; 'strong, broad-based demand'
The global financial markets and economy have been unable to return to steady growth following the financial crisis that began in 2008. This has not been without occasional bouts of optimism, where momentum builds as market participants embrace a growing expectation of reaching a critical escape velocity. However, these sentimental boosts have been fleeting. While each round has been distinct, it is worthwhile to note that the cycles are eerily similar.
Legislation to limit scope of municipal adviser regulation draws bipartisan support; subcommittee vote Aug. 1
Fears of inflation on the rise -- even if prices aren't
A former Bank of America executive was indicted for allegedly participating in what prosecutors said was a “far-reaching conspiracy” to defraud municipal bond investments through bid rigging
Will offer the KKR Alternative Corporate Opportunities Fund and the KKR Alternative High Yield Fund, according to SEC filings
San Bernardino is the third municipality in California to face tough choices about how to deal with its balance sheet ... and it might not be the last
Fund firm rolling out more products, adding more portfolio managers; desire for capital preservation fueling the boom
More munis go bust in Nebraska; five states acccount for the bulk of the bankruptcies
Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc., said municipal bankruptcies are set to rise as there's less stigma attached after three California cities opted to seek protection just weeks apart.
Experts say keep maturities short, and go long on stocks; resolution in Europe could lead to quick uptick in rates
Some stunning stats shed some light on the troubles in California town
Bond exemption allows affluent to skirt high tax rate; data shows they take advantage of it, too
More trouble in California, as the largest city in the largest county in the state will file for bankruptcy protection. That's the third municipality in Cali to go bust this year. Muni bondholders, beware.
Stockton files for Chapter 9 protection; retired city workers will likely take it in the teeth
Yields nearly 300 basis points more than Treasuries; defaults not seen as likely
Fund manager warns about risks of short-term, investment-grade debt; 'no yield'
In his July market report, Brad McMillan, chief investment officer for Commonwealth Financial Network LLP, says the housing market has the potential to provide the beleaguered U.S. economy with a "real chance for an outside surprise."
Exchange-traded funds are attracting new investors to the bond market rather than just capturing mutual fund customers, according to BlackRock Inc.'s Matthew Tucker.
