Industry News

 

Our industry news is a custom RSS feed provided by BondDesk that highlights important news stories about the fixed income industry. To subscribe to the feed, click the RSS icon in the bottom right-hand corner of the page.

 

September 9, 2010

Bond investors headed for a doozie of a hangover: Mark Gilbert - 8:56 am

BOE Holds Rates at Record Low - 7:12 am

The Bank of England's Monetary Policy Committee kept its key interest rate and the size of its bond buying program unchanged, as expected.

Blue-Chip Borrowers Issue Debt in Droves - 2:23 am

Hewlett-Packard and other companies are filling the bond market with fresh debt. An estimated $51 billion in corporate bonds and leveraged loans have hit the market in two days. Yield-hungry investors are buying.

September 8, 2010

ECB steps up eurozone bond buying - 2:30 pm

Purchases seen as a sign that the European sovereign debt crisis is not over

Corporate Pension Plans' Funding Status Woes Continue to Vacillate - 1:47 pm

Thanks to record low Aa corporate discount bond rates and declines in domestic and international stocks, U.S. corporate pension plans saw their funding status dip more than 5.6% to 71.3% in August, BNY Mellon Asset Management said.

‘Cult of equity’ is over, says leading fund manager - 1:13 pm

Analysts suggest equity professionals are admitting defeat after a poor decade for share prices saw investors shift away from equities into bonds

Advisor Charged In Marketing of Hedge Funds to Older Investors - 9:44 am

The Securities and Exchange Commission charged a Colorado investment adviser with deceiving elderly clients about the safety of putting their money into hedge funds.

SEC to Review Limits Up or Down on Stock Prices - 8:59 am

The SEC is likely to revise its approach to circuit breakers to include a "careful review" of price bands that limit how far up or down the price of a stock can move at any given time.

SEC to Start Muni Hearings Sept. 21 - 8:57 am

The Securities and Exchange Commission will kick off its much-awaited series of hearings on the municipal market this month, holding the first on Tuesday, Sept. 21, in San Francisco.

September 7, 2010

JPMorgan Hires Morgan Stanley Team - 10:43 am

JPMorgan Securities picked up a $3-million team of veteran advisors from Morgan Stanley Smith Barney.

Union Bank Drops Second Sales Manager in 2010 - 10:26 am

While Union Bank of California is having a good year in terms of brokerage revenues, it isn't having much luck holding onto sales managers, according to sources.

Mutual Funds Balloon - 8:45 am

Investors continue to stuff cash into municipal bond mutual funds, exacerbating a supply-demand imbalance that has kept yields on tax-exempt bonds near historic lows.