Fixed Income

Even though portfolios based around 60/40 performed in 2020, that hasn't silenced calls to rethink or abandon the strategy.

Improving data and the imminent passing of the second-biggest stimulus program in U.S. history has turned optimism about a recovery into fears of an overheating economy.

Research on baskets shows they help absorb shocks in turmoil.

The $14 billion iShares 20+ Year Treasury Bond ETF (TLT) has plunged 11% this year as long-dated Treasury yields climbed, fueled by building wagers on a rebound in inflation.

Administration officials dismissed the idea that their $1.9 trillion aid plan could push the economy past some notional speed limit, and explain that what they’re trying to provide is more relief than stimulus.

The pace of tax-free bond sales could drop this year to a more than two-decade low.

So-called vaccine securities can finance research and be issued at interest rates on par with what governments pay for general-purpose borrowing.