Fixed income

Wall Street is divided over the world’s biggest debt market as inflation breaks out and debt burdens swell.

The fund manager will provide investing and savings accounts and debit cards to 13- to 17-year-olds whose parents are clients.

The lineup of exclusively short-duration fixed-income products, taxable and municipal, still managed an overall gain.

The top 20 performers nearly doubled the gains of their peers over the period.

In the real world and increasingly online, Black financial enthusiasts are pushing their followers to take bolder steps to create wealth.

Investors are pouring money into U.S. listed products as stocks continue to reach all-time highs and the economic recovery heats up.

Selective bets on undervalued stocks are paying off as unloved value and cyclical strategies fall into favor.

“Inflation, currently below 2%, is not going to be below 2% in the next few months,” the retired bond king said.

Returns by funds from Vanguard, BlackRock and DFA that use the strategy have outpaced global bonds in recent years, but underperformed stocks.

Despite low levels of understanding, 75% of people who know about the vehicles still said they were at least somewhat interested in investing in them.