As the fifth anniversary of the financial crisis approaches, financial products that start with a “C” and end with an “O” still trigger fear and trepidation in investors. This alphabet soup of products ― including collateralized debt obligations (CDOs), collateralized … Read more
3 CommentsFixed Income
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It only took a small backup in U.S. Treasury (UST) rates ― 10-year UST rates moved from 1.58% in early December to ~2.00% today ― for pundits to speculate on whether rates will drastically increase. Observant readers will have noted … Read more
10 CommentsLoomis Sayles is undeniably one of the pre-eminent names in the world of bond funds. The flagship $22 billion Loomis Sayles Bond Fund has returned 10.07% annually over the last 10 years, beating the Barclays Capital U.S. Aggregate Bond Index … Read more
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Few bond fund managers attract as much attention as DoubleLine Capital’s Jeffrey Gundlach. His firm has seen its assets under management grow to more than $45 billion in just over two years since its founding. Although these assets span a … Read more
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Having recently passed the four-year anniversary of the Lehman Brothers collapse, it’s tempting to believe that our economy and capital markets have learned from their mistakes. After all, big banks are heavily scrutinized (see J.P. Morgan’s “London Whale” debacle), fancy … Read more
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Despite historically low interest rates and the risk of future rate increases, there are ways to make money in the fixed-income market. Many investors today wonder whether the “ship has sailed” on investing in bonds. Apart from missing the rally, … Read more
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