Bonds

The math wizards of the investment world are hoping to disrupt the established giants of the trillion-dollar credit market.

Defined-maturity funds offer traditional fixed-income interest payments.

The yield on Mozambique’s sole dollar bond, due 2023, has fallen almost 5 percentage points this month to 11%.

Worries over weak U.S. data, the impact of President Trump’s multi-front trade war and the interest rate outlook has whipsawed investors in recent weeks.

An AQR executive just sketched a blueprint for traders seeking to hitch a high-octane ride on the global credit cycle.

The firm unveiled a discount in a footnote on page 94 of a revised regulatory filing.

The famed investor recommends 90% large-cap U.S. stock and 10% short-term government bonds. Is it a crazy idea?

The firm plans a 0.2% to 0.5% allocation to the products in its global and international fixed-income index portfolios.

It’s not just clients in high-tax states buying up muni bonds.

The average fee was nearly 20 basis points higher than the top-performer.