Fixed Income

Whatever problems the U.S. pension system has, they are smaller than they ever were before.

Unconstrained bond funds might just be finally having their moment.

The end of the year provided no shortage of noteworthy headlines.

“2016 was perhaps one of the biggest roller-coasters driven by political events”

Rules that came into effect in October have dimmed demand for certain kinds of debt -- in particular, short-term debt known as commercial paper.

Even investors who notched double-digit returns wound up trailing their benchmarks because they failed to take a chance on enough beaten-up energy and mining company bonds at the February bottom.

The House plan would hurt companies that fund themselves heavily with debt but the deductions would also likely raise $1.1 trillion in taxes over the next decade.

There’s a better way to hedge against it, too.

Equity inflows since Donald Trump won the presidential election now equal $63 billion, reversing the $151 billion outflows from January to October.

It’s the Trump Bump, not the actions of the Federal Reserve, that is bringing up interest rates.