◀ The Principal Blog

Posts tagged ‘income’

Bill Gross Departure from PIMCO – The Transformation of Traditional Fixed Income Investing



In the financial sector, sometimes you wake up one morning and realize that things are different now. For example, in 1998 the risky trades of the giant hedge fund Long-Term Capital Management (LTCM) pushed the firm to the brink of bankruptcy and the Federal Reserve (Fed) took steps to bail it out…

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High Yield – Don’t Believe the Hype



Some in the investing public have tried to explain the recent sell-off in high yield with charts similar to those below. What they’re trying to portray is that the recent growth in fixed income mutual fund assets has exploded and could potentially overwhelm the dealers’ balance sheets and thus…

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