Appetite for cyclical plays like financials has picked up as trade negotiations between the U.S. and China show signs of progress.

Given that almost one-third of leveraged loans are just a downgrade away from triple-C, even a modest slowdown could create a snowball effect of sorts.

Investment banks are increasingly studying the relative positioning of funds that compete with each other to beat benchmarks.

Angst over the Fed’s decision to lower borrowing costs has seeped into the $3.8 trillion market for municipal bonds.

As much as $18 billion of inflows to money market funds last week were partly driven by the desire to “take some chips off the table,” an expert says.

“There are too many negatives at this point. What Trump is saying and what the Fed is saying is no longer enough,” an expert says.

Some managers have taken on more risk amid a decades-long decline in interest rates and slow global economic growth to meet long term targets.

With markets near certain that the Fed will lower rates this month, debate has shifted to the size of the cut and its impact.

James Gorman dismissed any speculation after the unit posted record revenue and pretax profit in the second quarter.

Outstanding options riding the world’s most heavily traded government debt product are near the highest level this year.