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.

Those with 1099 income have several tax-advantaged options.

The firm is snapping up five- and 10-year notes as it predicts slowing inflation and trade tensions will push the Fed to lower its benchmark 75 basis points.

Real estate, communications, utilities and consumer staples funds have seen the most appetite, with every other sector experiencing outflows.

Investors plowed into bullion-backed funds after the U.S. and China reached a truce in their trade war.

There is growing disquiet among those who run and invest in the products about potential problems that might be caused by rate cuts from the Fed.

Markets have been whipsawed by mounting concern over softer economic data and President Trump’s trade wars with major partners.

Geopolitical risk, dovish central banks and an aging business cycle are reinforcing bullish moorings in global debt.

Bullion gains have intensified amid signs that the Fed and other central banks are turning more dovish on monetary policy.

More than 25% of the products were sold with shorter or static maturities in the first quarter, compared with only 10% for the same period last year.

Bullion is “once again trying to reclaim its role as a safe haven” amid trade war concerns and the Fed’s halt on rates, a strategist said.

Households struggling with even modest debt levels may be less resilient than in years past, research shows.

Previous Republican and Democratic presidents have declined to assert authority over independent agencies, partly because the legal issue isn’t simple.

One theory for underperformance has been the long steady gains in markets since the financial crisis.

A flashback to reactions from policymakers and financial titans in 2006 and 2007 highlights recent skepticism that inversions signal recession.

The bank's decision to select its general counsel as successor to Tim Sloan, albeit on a temporary basis, focused attention on its frayed relationships with the Federal Reserve and the OCC.