Vanguard’s Trillion-Dollar Man Leads a Fixed-Income Revolution
When March’s bank failures ignited a historic bond rally, few, if any, made more money than Josh Barrickman.
Schwab Began Hedging Interest-Rate Risk With About $3.9 Billion in Derivatives
Charles Schwab Corp. started using derivatives to hedge interest rate-related risk during the first quarter.
SEC Staff Throw Cold Water on Calls for Ban on Short Selling of Bank Stocks
If Gary Gensler wants to ban short selling of regional bank stocks, he will have to do it over the objections of the agency’s career staffers.
Goldman Sachs Warns of Stock Volatility as Quant Traders Pile In
Goldman Sachs is urging investors to cushion themselves from the possibility of increased volatility in the next few months.
Bill Gross Advises Buying T-Bills to Bet Debt-Ceiling Issues Will Be Resolved
Bill Gross recommended buying short-term Treasury bills, expecting the debt-ceiling issue eventually gets resolved.