At Morningstar: Bond Fund Managers Suggest Investors Build Liquidity
One sees parallels to 2007 in current market conditions.
Tag: bonds
Regulation
SEC Charges Volkswagen with Defrauding Bond Investors
Regulator accuses automaker of ‘massive fraud’ to sell bonds at inflated prices.
Pension Sues Banks over Euro Bond Scandal
Lawsuit accuses Bank of America, Royal Bank of Scotland of rigging European government bond prices.
Market Moves
Bill Gross Says He Has Asperger’s and Adopts Liberal Economics Line
The erstwhile Bond King reveals surprises as he heads for retirement.
ETFs Are in Higher Demand from Insurers
Buyers of the funds triple in number, although these securities are still a small part of carriers’ portfolios, study says.
Newsmakers
Is Chicago’s $10 Billion Pension Bond Sale Decision the Answer?
State’s bond history and already badly funded pension shows little room for maneuver.
Hedge Funds, with Tepid Start to 2018, Get Bump in May
Their 0.65% increase last month makes up more than two-thirds of this year’s increase.
Newsmakers
Illinois OKs $423 Million Pension Bond Buyout, but Its Debt is Growing too Fast
Moody’s warns that without public cuts, liabilities will eat 30% of state income.
Corporate Pension Bond Bulls Could Further Flatten the US Treasury Yield Curve
Fear of a downturn creates a rise in de-risking.
Risk
Phoenix Using New Strategy to Chip at City Pension Debt
Concept being applied to additional city departments.
Regulation
Illinois Could Consider $107 Billion Pension Bond Gamble
SUAA proposal to be entertained Jan. 30.
Hedge Fund Bond Price Investigation Focuses on Thinly-Traded Bonds
Since bonds are rarely traded, pricing is difficult to verify, making it “ripe for abuse.”