Fixed Income

Unlevered municipal bond closed-end funds traded at a discount to their net asset value of roughly 12%, according to Bloomberg data.

New SEC rules offer an opportunity for advisors and their clients to reassess their strategies around liquid cash.

The $4 trillion municipal bond market, like other parts of the fixed income universe, is offering elevated yields not seen in years.

Unless 3.6% unemployment is the new normal, the central bank has more tightening to do.

The ICE risk matching auction, which matches buyers and sellers of the same corporate bond or list of bonds to determine the best price for the transaction, was reworked and went live in recent months after years of being dormant.

Municipal securities issued for Brightline, the privately-run passenger rail company, have returned as much as about 20% this year, far out pacing a 5.5% gain for high-yield municipal bonds.

Three Wall Street veterans weigh in on the dangers facing investors in coming years.

Do credit spreads provide information on the economy and equity markets?