PIMCO’s PYLD multisector bond ETF: active management, intermediate duration, and credit/sector flexibility for volatile rates ...
The inverse relationship between bond prices and interest rates is a central tenet of bond math. As rates rise, new, higher-coupon bonds become more attractive than previously issued lower-coupon ...
Still, more than once I've had clients balk at the idea of investing in bonds, offering the explanation, "They don't return as much as stocks." That's where it becomes the financial advisor's job to ...
When professional investors discuss the credit market, a term that often arises is duration, which is used to measure the sensitivity of a bond’s trading price to changes in interest rates ...
Whether you take an aggressive or conservative approach to investing, your asset allocation is likely to include some bonds. When reading about or researching bonds, you’ll hear about duration, an ...
Interest-rate risk is top of mind these days given that bond yields have risen across the board thus far in 2018. The 10-year Treasury yield hovered at 2.94% on Sept. 7, up from 2.4% at the end of ...
When investors move money into debt mutual funds, they often assume all such funds work the same way—but they don’t. Different debt funds adopt different investment strategies depending on the fund ...
When we try to assess the duration of an event, we are often affected by external information. Studies on multiple timing have found that simultaneous timing information can produce an averaging or ...
Extreme duration can transform otherwise simple activity into something strange and powerful. Marina Abramović, The Artist Is Present, 2010, MOMA, New York. Andrew Russeth Last September, I sat down ...