The ECB's QE program and soft economic data have driven fixed-income returns, while miserly yields on sovereign debt make U.S. corporates more attractive to global investors.
These intermediate-term taxable-bond funds earn Morningstar Analyst Ratings of Gold.
U.S. stocks, particularly small caps, and bonds look unattractive overall, but low-double-digit nominal returns are possible for emerging-markets value stocks, says GMO's Ben Inker.
Bond Fund Investing
03-18-2015 15:27:25 PM ET
We're not sure the Federal Open Market Committee (FOMC) necessarily rode to the rescue with its latest policy directive, yet it sure took anyone for a ride who was fretting that the removal of the word "patient" from its policy directive was going to rock the stock and bond markets. The FOM...
The Market at 15:22 ET10-Year: +5/32…1.87…EUR/USD: 1.0701USD/JPY: 119.39
Treasury Market Stands Its Ground
- - ECB examines ways to reduce Emergency Liquidity Assistance to Greek banks
- - EU officials to brief press on Friday's eurogroup meeting (08:30 ET)
04-17-2015 17:29:47 PM ET
The Week in Review/Week Ahead
Eer since former Fed Chairman Ben Bernanke gave his speech about the global savings glut in 2005, much attention has been paid by the commentariat to global financial imbalances. These imbal...