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JPMorgan's Michele: Been in the Market Buying Bonds
Bob Michele, global head of fixed income at JPMorgan Asset Management, explains why his firm has been buying bonds and says ...
The Associated Press on MSN48m
Average rate on a 30-year mortgage in the US rises for 6th straight week
The rate ticked up to 6.79% from 6.72% last week, mortgage buyer Freddie Mac said Thursday. Borrowing costs on 15-year ...
Bond ETFs rise following Fed’s policy decision
Bond-focused exchange-traded funds were rising Thursday afternoon, after the Federal Reserve said it was lowering its benchmark interest rate. The iShares Core U.S. Aggregate Bond ETF and the Vanguard ...