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MICHAEL LIPPER
US junk bonds are back in favour, for nowJunk bonds in January delivered strongest monthly performance in more than seven years.
Wall Street rally pauses, but stocks mint weekly gainThe Dow Jones Industrial Average fell 76.42 points, or 0.33 per cent, to 23,062.40.
Stocks reel as funds seek safe harboursJapan's Nikkei lost 1.1 per cent to close at its lowest since mid-September last year.
Pimco uses in-house trading of funds to meet demands post Bill Gross' exitThe firm sold $18 billion of Total Return's assets to other Pimco funds and accounts between October and March,to meet more than $100 billi...
Investors struggle as new bond sales by ex-Soviet firms hit lows"Bonds are maturing, cash is coming into the market but there is only a limited number of bonds out there to buy," said Max Wolman.