The PIMCO Total Return Bond Fund (NYSEARCA:BOND) has lost its crown as the world's largest bond fund, after more than two years of outflows. The bond fund, started by Bill Gross, lost another $5.6 billion in April, marking 24 straight months … [Read more...]
Will Pfizer (NYSE: PFE) Break in Two?
Pfizer (NYSE: PFE) reported first quarter profit of $0.51 per share on $10.86 billion of revenue Tuesday —beating estimates of $0.49 per share. The performance was largely driven by strong demand for its vaccine and cancer drugs. However, the … [Read more...]
Facebook (NASDAQ:FB) Mixed Data Fails to Ignite
Facebook (NASDAQ:FB) released its first quarter earnings after the closing bell on Wednesday. The company reported that 1QFY15 earnings came in at $0.42 per share on revenue of $3.54 billion, just ahead of analysts expectations of $0.40 per share on … [Read more...]
Is The Worst Over for Bank of America (NYSE:BAC)?
Bank of America (NYSE:BAC) reported earnings for the first quarter today, but they came in below analysts expectations, with the strong dollar and continued low interest rates being blamed for the disappointing performance. The Charlotte NC … [Read more...]
Why Are Top Merchants Abandoning eBay (NASDAQ:EBAY)?
eBay (NASDAQ:EBAY) the original online marketplace, has a problem. Some of its top merchants are abandoning the platform and taking their business to another online juggernaut, Amazon! Over the past twelve months Amazon has doubled the number … [Read more...]
Treasury Bonds Rally After GDP Data Disappoints
U.S. Government bonds were boosted on Friday, sending 10 year note yields to a 20 month low, after official data showed that the U.S. economy expanded at a slower pace than forecast in the last quarter. Yields on U.S. 10-year Treasury notes fell … [Read more...]
Bill Gross: Fed Will Raise Rates This Year
The Federal Reserve will start to raise interest rates later this year, but investors need not panic. That’s the message from Bill Gross in this months investment outlook released on Thursday. The bond guru who now resides at Janus Capital—told … [Read more...]
Fed Remains Patient About Timing of First Rate Increase.
The Federal Reserve remains on course to raise interest rates later this year despite signs that the global economy is cooling. In the release of this months Federal Open Market Committee policy statement the FOMC repeated its promise to take a … [Read more...]
Gundlach says trouble could lie ahead
DoubleLine CEO Jeffrey Gundlach warned investors today that the financial crisis, which started in 2008, is far from over. “For many Americans, it looks like the good times have finally arrived after seven miserable years that began with the … [Read more...]
Today’s Top Bond Market Stories — January 26th
Learn Bonds Learn Bonds: – Bond yields recover after Greece scare. – U.S. bond prices fell on Monday with 30 year Treasury yields rising from a record low, with trading subdued by the threat of a massive snowstorm bearing down on New … [Read more...]
Treasury Bond Yields Recover after Greece Scare
U.S. Treasury bond prices gave up early gains driven by the victory of the anti-austerity left-wing Syriza party in Greece’s hotly contested elections on Sunday. The Syriza party, run by Alexis Tsipras, won Sunday’s election but didn’t quite win … [Read more...]
This Week’s Top Bond Market Stories – January 24th Edition
LearnBonds Learn Bonds: – Investors look to bond volatility as yields tighten. – Bond yields have been compressed for years by the actions of the Federal Reserve, and things aren’t set to get better. As the European Central Bank sets up for its own … [Read more...]
Today’s Top Bond Market Stories — January 23rd Edition
Learn Bonds Learn Bonds: – Understanding bond risk – Part 2. – Most conservative investors focus on the yield of a bond, and get excited when the yield is high compared to other investments. That brings us to the discussion of interest rate … [Read more...]
How will ECB action affect global bond markets?
Sovereign bonds rallied around the world on Friday as investors speculate that the European Central Bank’s quantitative easing program will shrink the pool of high-quality government assets already limited by years of purchases from other central … [Read more...]
Treasuries Boosted By ECB Bond Buying and Today’s Other Top Stories
U.S. Treasury yields fell in volatile trading on Thursday after the European Central Bank unveiled a more aggressive than expected bond-buying program. Yields fall as bond prices rise. ECB President Mario Draghi announced on Thursday that the ECB … [Read more...]
ECB Eyes €50bn a Month Bond Buys and Today’s Other Top Stories
The European Central Bank is proposing bond purchases of roughly €50 billion ($58 billion) per month for a minimum of one year, according to according to two euro-area central-bank officials. The ECB’s executive board met Tuesday in Frankfurt to … [Read more...]
What are Bond Investors So Gloomy About and Today’s Other Top Stories
According to an article in todays Bloomberg News, bond investors are feeling a little downbeat about the state of the economy. In fact they haven't been this down about growth and inflation in the U.S. economy since 2008, when the bottom fell out … [Read more...]
This Week’s Top Bond Market Stories – January 17th Edition
LearnBonds Learn Bonds: – The implications of falling oil prices to the U.S. economy. – Cheap oil is both good and bad news for the U.S. As per IMF’s analysis, it is net positive to U.S. economy; every drop of $10 in price adds 0.1% to the US GDP. … [Read more...]
Bond Forecasters Lose Crystal Ball and Today’s Other Top Stories
Over the past few years, most economists and interest rate forecasters have become increasingly convinced that rates have nowhere to go but up. However, most of these predictions have proved wrong as rates have continued to trend lower. Of … [Read more...]
Pimco Boosts U.S. Government Assets and Today’s Other Top Stories
Pimco’s Total Return Fund increased holdings of U.S. government-related debt and mortgage-backed securities in December, while virtually abandoning its holdings of developed countries’ government bonds denominated in foreign currencies. At the end … [Read more...]