|Bid||108.05 x 1400|
|Ask||115.10 x 2200|
|Day's Range||108.00 - 108.20|
|52 Week Range||101.75 - 108.22|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Mortgages are the largest component of household debt. Yahoo Finance's Zack Guzman, Sibile Marcellus & Brian Cheung, along with and NY Post Hedge Fund reporter Carleton English discuss.
The S&P CoreLogic Case-Shiller Index weakened yet again in March for the 12th month in a row, showing an increase of 3.7% down from 3.9% in February. Realtor.com Chief Economist Danielle Hale and Zillow Director of Economic Research
In the first half of this year, fixed income ETFs saw inflows of $74 billion, including a staggering $26 billion in June alone, said CFRA Research Director of ETF & Mutual Fund Research Todd Rosenbluth in a note out Tuesday. Year to date, five bond ETFs are among the top 10 U.S.-listed ETFs in terms of new assets added and all five of those funds are iShares or Vanguard products. “While the asset manager is the US ETF industry heavyweight with $1.6 trillion in assets and a leading 39% market share, iShares is even more dominant in the bond asset class with a 49% share,” said Rosenbluth.
Bond ETFs are experiencing big inflows as the Federal Reserve shifts away from the rate hikes of last year and hints at interest rate cuts ahead. Mutual funds and ETFs that track bonds just saw $12.1 billion of inflows for the week ended July 17, which marked the 28th consecutive week of inflows, the Wall Street Journal reports. To put this in perspective, bond funds accumulated $1.7 billion in inflows over the past decade, according to a Bank of America Merrill Lynch analysis of EPFR Global data.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Military Commercial Joint Stock Bank and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Amid a more sanguine outlook for U.S. interest rates this year, which is helping steady mortgage applications, investors are seeking lower risk, yield-driven strategies, including exchange traded funds ...
Despite the momentum in the riskier equity market, exchange traded fund investors continued to favor conservative bets and yield-generating plays. Among the most popular ETF plays of the past week, six ...
The exchange traded fund universe has quickly expanded, but most investors have steered toward strategies that track global equity markets, which leaves the industry an opportunity to further develop and compete for more investment money through fixed-income ETFs. Looking ahead, BlackRock's president highlighted the fixed-income ETF space as the next major growth area, Business Insider reports. "One of the areas which I think is going to grow tremendously, which I think is going to catapult BlackRock into the next few years, is fixed income ETFs," Rob Kapito, the firm's president and co-founder, said at an investor conference on Tuesday.
The number of mortgage applications last week fell 2.7 percent compared to the previous week, according to the Mortgage Bankers Association's seasonally adjusted index. "Reversing the recent downward trend, borrowers saw increasing rates for most loan types last week, as better-than-expected unemployment claims, easing trade tensions and stabilization in the equity markets ultimately led to a rise in Treasury rates," said Joel Kan, an MBA economist. "Oftentimes, a big loss in equities markets can send money running to the bond market where it benefits interest rates," said Matthew Graham, chief operating officer at Mortgage News Daily.
Moody's Investors Service has today upgraded the long-term local and foreign-currency issuer ratings and long-term local-currency deposit ratings of five Vietnamese banks, and affirmed the same for the other 11 Moody's-rated banks in Vietnam. Moody's also upgraded the long-term foreign-currency deposit ratings of two Vietnamese banks, and affirmed the same for the other 14. At the same time, Moody's has upgraded the long-term Counterparty Risk Ratings (CRRs) and Counterparty Risk Assessments (CRAs) of eight banks and affirmed the same for the other eight.
The iShares Core U.S. Aggregate Bond ETF (NYSE: AGG), the largest U.S.-listed fixed income exchange traded fund, reached its 15th birthday Sept. 22, making it an appropriate time to examine the bond ETF boom. When AGG debuted, a scant number of bond ETFs were on the market. Various data points indicate the growth of bond ETFs will continue.
Mortgage-backed securities (MBS) represent an asset class with a troubled history. Many investors and analysts argue that MBS precipitated the 2008 financial crisis. This doesn't mean, however, that MBS as an asset class are without potential for investors in 2018.
The fixed-income market has played second fiddle to equities, but there are still areas of opportunity that bond exchange traded fund investors can look to. “The fixed income market remains challenging, ...
With the Federal Reserve continuing its efforts to normalize U.S. monetary policy, plenty of asset classes could be affected by those plans, including mortgage-backed securities (MBS) and exchange traded ...