Yes, long yields are heading up, and an inverted curve is less likely, say strategists.
The pension was also able to implement a cost-of-living adjustment thanks to high returns this past year.
The Retirement System of the City of Detroit is looking for an investment officer to support CIO Ryan Bigelow.
The central bank’s greater openness these days fuels risky behavior and thwarts flexibility, some say.
Its purchase of a stake in a swanky NYC tower shows there’s demand for the new stuff. But older buildings are struggling.