Investments

For all the losses on Treasuries this year, demand for U.S. government debt remains stronger than before the financial crisis.

Pacific Investment Management Co. and BlackRock Inc. are set to take over Eike Batista’s failed oil ambitions as creditors accept losses as deep as 99 percent on $5.8 billion of debt in return for ownership stakes.

Outflows, weak supply, rising interest rates, and mediocre returns are forecast for the municipal market as it prepares to ring in 2014 — in other words: more of the same.

Moore Capital Management LP, the hedge-fund firm run by billionaire Louis Moore Bacon, offered positions to money managers at SAC Capital Advisors LP, according to a person with knowledge of the matter.

Fidelity Investments, the world’s second-biggest mutual-fund company, said Ramona Persaud on Jan. 1 will take over management of two dividend growth funds that collectively manage almost $10 billion.

Municipal debt tied to real-estate development is set to be the best-performing part of the $3.7 trillion state and local-bond market this year as an improving housing market boosts the securities’ earnings.

An advisor to non-U.S. citizens needs to consider where they are domiciled before refining a planning strategy.

Outflows, weak supply, rising interest rates, and mediocre returns are forecast for the municipal market as it prepares to ring in 2014 — in other words: more of the same.

Have you considered how much more enjoyable your own post-work years might be if you’d only take the time to mentor the next … you?

Treasuries reached the cheapest level relative to stocks in 3 1/2 years before U.S. data today projected to show durable-goods orders rebounded, bolstering the case for the Federal Reserve to further slow stimulus.

Treasuries Reach Cheapest Level Relative to Stocks on Fed Prospects

Hedge funds got less bullish on gold before prices dropped to the lowest level since 2010, leaving the metal poised for the worst annual loss in 32 years as investors dump bullion at a record pace.

The globe-trotting Henderson International Opportunities Fund came to the Japan party a bit late, but had an outstanding year in Europe.

The amount of loans to the riskiest U.S. companies ballooned to a record this year, propelled by unprecedented demand for floating-rate debt that offers protection from rising interest rates.

U.S. Stocks Advance on Apple’s China Deal, IMF Economic Outlook

Nasdaq Price System May Take Years for Structured Note Progress

The U.S. Commodity Futures Trading Commission, seeking to bolster global oversight of derivatives trading, released determinations for when overseas rules are sufficiently robust to take precedence over Dodd-Frank Act measures on trades in foreign jurisdictions.

The U.S. economy expanded in the third quarter at a faster rate than previously estimated as consumers stepped up spending on services such as health care and companies invested more in software.

Ex-Morgan Stanley Fund Manager Must Pay Back $31 Million

Deutsche Bank Forfeits 221 Million Euros From Monte Paschi Deal