Bond Investing Headlines

Jane Bryant Quinn: Jump From Muni Bond Funds at Own Peril (Washington Post)

Investors may have jumped out of their tax-exempt bond funds at just the wrong time. They poured a net of $20 billion into municipal funds this year. Then, in late September, they changed their minds. So far this quarter, $7.4 billion has fled the scene, reports Robert Adler, president of AMG Data Services, which tracks fund flows.

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Fort Dearborn Income Securities, Inc. Reports Earnings (Business Wire via Yahoo! Finance)

NEW YORK----Fort Dearborn Income Securities, Inc. , a closed-end management investment company seeking a stable stream of current income consistent with external interest rate conditions and a total return over time that is above what shareholders could receive by investing individually in the investment grade and long-term maturity sectors of the bond market, today announced its performance ...

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Pimco Suspends Dividends on Six Closed-End Funds as Assets Fall (Bloomberg)

Dec. 1 (Bloomberg) -- Pacific Investment Management Co. suspended dividend payments on six closed-end municipal bond funds after their assets fell below minimum levels linked to the amount of money they’ve borrowed.

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Global automakers gain foothold on subcontinent (The Toledo Blade)

Second of three parts DELHI, INDIA — A fleet of foreign automakers is investing billions of dollars to build plants in India, hoping to cash in on the nation’s rapidly growing class of drivers. And Ford and General Motors, both in the midst of massive expansions in India, are chief among them. As car sales sag in North America and other parts of the globe, the world’s largest car ...

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Investors turn to municipal bonds (Rutland Herald)

MONTPELIER -- The head of the Vermont Municipal Bond Bank said this week that, despite a weakening national and state economy, the outlook is good for the sale of debt Vermont cities and towns need for everything from plow trucks to building renovations. ... - By LOUIS PORTER Vermont Press Bureau

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