Fixed Income

How savings can hurt the economy.

“There’s no need for the Fed to be using all of their firepower now when the market is functioning smoothly.”

Attractive? Yes, but are they worth the cost?

The New York Fed said it will mainly buy ETFs that track investment-grade bonds.

Six of the 10 largest ESG-focused mutual funds in the U.S. have declined more than than their benchmarks this year as the Covid-19 pandemic roiled equity markets.

Debt has outpaced equities for 20 years, upending conventional wisdom about investing.

Two ETFs take different approaches to the yield curve.

The critical faultline in the selloff has been the sudden strength of the greenback, as banks and investors liquidate assets and scramble for cash.

The Fed’s pledge last week to buy investment-grade credit and certain ETFs helped halt the slide in mutual fund net-asset values and sparked a rally in higher-rated debt.

The prevailing feature of the recent turbulence is that nothing has really worked as it was supposed to work.