Interest rates

Fed cites economic progress but leaves rates unchanged

Members of the Federal Open Market Committee reaffirmed their view Wednesday that the current 0.25% to 0.5% target range for the federal funds rate remains appropriate.

March 16, 2016 | 04:20 pm
PIMCO bearish on Treasuries amid slide as Fed rate odds jump

PIMCO bearish on Treasuries amid slide as Fed rate odds jump

Pacific Investment Management Co. says benchmark Treasury yields will increase this year as inflation accelerates and the Federal Reserve raises interest rates.

March 15, 2016 | 08:05 am
ECB increases asset purchase program, cuts rates further

ECB increases asset purchase program, cuts rates further

The European Central Bank is increasing its monthly asset purchase program to €80 billion ($87 billion) from €60 billion beginning in April, the ECB announced Thursday.

March 10, 2016 | 11:40 am

Low-yield limbo

Central banks continue to push interest rates to new lows, a factor behind U.S. institutional investors' avoidance of international fixed income.

March 07, 2016 | 12:01 am
Bridgewater’s Ray Dalio: ‘I’m not bearish on stocks’

Bridgewater’s Ray Dalio: ‘I’m not bearish on stocks’

Ray Dalio, the head of the world’s largest hedge fund, said investors should expect low returns and volatile financial markets, but not another financial crisis like the one in 2008.

March 03, 2016 | 10:18 am

PIMCO's inflation call is paying off

Pacific Investment Management Co.’s forecast for quickening inflation is starting to pay off in the bond market, in contrast with warnings from the Federal Reserve that consumer prices will be...

March 03, 2016 | 08:16 am

Greenspan says negative rates `warp' investment behavior

Former Federal Reserve Chairman Alan Greenspan said negative interest rates, if pursued for an extended period of time, will eventually distort saving and investment.

March 01, 2016 | 10:26 am

Treasuries fall as U.S. economic growth pace exceeds forecasts

Treasuries fell after a report showed the pace of U.S. economic expansion exceeded forecasts in the fourth quarter.

February 26, 2016 | 10:22 am

BlackRock warns bond traders they're underestimating the Fed

BlackRock Inc., the world’s biggest money manager, is warning bond investors they’re not prepared for the Federal Reserve to raise interest rates.

February 23, 2016 | 10:38 am
Negative rates provide unexpected opportunity in JGBs

Negative rates provide unexpected opportunity in JGBs

Japanese government bonds could be the lone bright spot for Tokyo-based institutional investors as the March close of a volatile fiscal year looms, with the Bank of Japan's imposition of negative...

February 22, 2016

Oaktree seen nearing $1 billion gain from Doubleline investment

Oaktree Capital Group co-founder Howard Marks is known as a shrewd investor. One of his best decisions was spending about $20 million in 2009 for a one-fifth stake in Jeffrey Gundlach's upstart...

February 18, 2016 | 09:17 am
Dalio says governments must encourage spending to boost growth

Dalio says governments must encourage spending to boost growth

Ray Dalio, the head of the world's largest hedge fund, said central banks have lost much of their power to revive slowing economies, and governments will eventually have to resort to policies that...

February 18, 2016 | 08:56 am

Fed members not positioning to change course, minutes show

Despite recognizing recent turbulence in global financial markets that could impact the U.S. economy, members of the Federal Open Market Committee decided at the January meeting it was...

February 17, 2016 | 04:13 pm
Areas of global weakness and strength in 2016

Areas of global weakness and strength in 2016

2015 was a difficult year for the global economy. Contrary to expectations, growth decelerated in the wake of a mild but broad-based industrial and trade recession that dragged business investment...

February 17, 2016 | 10:26 am

PIMCO bets on battered bank debt

Pacific Investment Management Co. reckons investor concerns about banks are overblown and there's money to be made in company bonds that have been beaten up amid recent financial market turmoil.

February 12, 2016 | 09:50 am