The Pimco Total Return Fund, the world's largest bond fund, trailed more than 70 percent of its peers in February preliminary Morningstar data showed.
The $3.7 trillion US municipal bond market has been stunned by what would have been unthinkable a few months ago: Puerto Rico debt is rallying.
The Supreme Court ruled that the victims of former Texas tycoon R. Allen Stanford's massive Ponzi scheme can go forward with class-action lawsuits.
US mutual funds with heavy exposure to Puerto Rico bonds have sold off some of the cash-strapped island's debt.
Morgan Stanley will resolve its mortgage backed securities litigation for $1.25 billion, reports CNBC's Kayla Tausche.
Investors bet Hungary and Russia will be the next emerging economies forced to defend their currencies after India, Turkey and South Africa.
Pimco rose 1.35 percent in January after posting its worst annual loss since 1994 last year, preliminary data from Morningstar showed on Monday.
The White House is not considering a financial bailout for Puerto Rico, an Obama administration official says.
Islamic bond issues could hit record levels this year, Fitch said on Thursday — the same day as Qatar launched a $3 billion issue of "sukuks".
U.S. Treasury Secretary Jack Lew finished his Europe tour in Portugal on Thursday, which looked set to launch a five-year bond.
Pimco's Total Return Fund saw its assets sink by $41.1 billion in 2013, as U.S. Treasuries bets went south
A key component in Detroit's plan to exit bankruptcy will either be renegotiated over the next week or possibly face litigation, an attorney says.
Investors are fleeing the U.S. municipal bond market as it shrank to $3.6 trillion in the third quarter of 2013, the smallest since the end of 2009.
A new study from McKinsey argues that the Fed's stimulus program has had little effect on the stock market.
Jason Best, Principal at Crowdfund Capital Advisors discusses how crowdfunding - the funding of a company by selling small amounts of equity to many investors - is going to be the next big thing following micro-finance.
JPMorgan Chase announced Thursday that it has gotten out of soon-to-mature U.S. Treasurys ahead of a possible default by the government.
Ex-Goldman VP Fabrice Tourre asked a federal judge to dismiss the SEC case against him or set a new trial.
Building off August investigations, the U.S. Justice Department plans to sue JPMorgan Chase over mortgage bonds it sold before the financial crisis, reports Reuters.
CNBC's Bob Pisani reports the Nasdaq's trading freeze was a failure partly due to unprecedented volume sent to SIP.
In the 1990s, U.S. banks used life insurance to bet that their employees would eventually die. Now those wagers are coming back to haunt Wall Street banks.