High-Yield Bond Funds for the Current Environment

High-Yield Bond Funds for the Current Environment

Income-seeking investors are best served focusing on total return, not just income.

Fed Sees Further Rate Hikes Ahead as Inflation Rises Toward 2%

Fed Sees Further Rate Hikes Ahead as Inflation Rises Toward 2%

The Federal Reserve's monetary-committee released minutes of its January meeting, in which members held benchmark U.S. interest rates steady in a range of 1.25% to 1.5%.

Citigroup Gives CEO Corbat 48% Pay Raise as Profitability Misses Goal

Citigroup Gives CEO Corbat 48% Pay Raise as Profitability Misses Goal

Citigroup boosted CEO Michael Corbat's pay to $23 million, even as the bank failed to meet the CEO's own profitability goal for a third straight year, and as it reported a full-year net loss of $6.2 billion due to the write-off of tax credits that management had touted as a competitive advantage.

Worst-In-Class Goldman Sachs CEO Blankfein Gets 9% Pay Raise

Worst-In-Class Goldman Sachs CEO Blankfein Gets 9% Pay Raise

The Goldman Sachs board of directors gave CEO Lloyd Blankfein a 9% pay raise in 2017 to $24 million, even as the firm turned in its worst performance in years.

Consumer Prices Rise More Than Expected, Adding to Inflation Signs

Consumer Prices Rise More Than Expected, Adding to Inflation Signs

The core consumer price index, which excludes volatile items like energy and food, climbs 0.3% in January. Economists surveyed by FactSet had projected a 0.2% rise on average.

JPMorgan, Bank Stocks Have Room to Run Higher in Slow-Motion Economy

JPMorgan, Bank Stocks Have Room to Run Higher in Slow-Motion Economy

Last week's market drop rattled investors with concerns about rising inflation and interest rates. Yet with the economy progressing at a slower pace than in past cycles, there's plenty of time left to profit from bank stocks like JPMorgan, Bank of America and Citigroup, typically among the biggest beneficiaries of economic growth, argues Sandler O'Neill.

Bank of America CEO Moynihan Gets 15% Pay Raise to $23 Million

Bank of America CEO Moynihan Gets 15% Pay Raise to $23 Million

The CEO's raise comes as the bank has reaped increasing lending revenue from Federal Reserve interest-rate hikes while opting not to pass along the higher rates to savers with deposit accounts. His pay was roughly 152 times that of the average worker at Bank of America, who saw pay held roughly flat at $151,125 in 2017.

Intermediate Trade: HYG

Intermediate Trade: HYG

This is a bearish trade on the high yield bonds ETF.

Like Communism, the Issue of Interest Rates Was a Red Herring

Like Communism, the Issue of Interest Rates Was a Red Herring

The fear of interest rate hikes was only the catalyst that blew up the short volatility trade.

There's Zero Panic in Bonds

There's Zero Panic in Bonds

On Tuesday, bond traders started to come out of their caves and make markets.