A year's surplus, it was recently revealed, also occurred in two previous budget cycles. Residents and the board continue to ask: How did it happen?

The portfolio runs more credit risk than its Bloomberg US Aggregate Bond Index, holding up to 30% in non-investment-grade bonds. Junk-rated corporates ... senior leaders review various teams ...

HYG's net assets are roughly $15,732,590,150. The ETF is well diversified and has approximately 1,274 holdings. The fund's ...

Junk-debt returns will fall short of lofty expectations, but they’ll likely do better than stocks for the first time since the global financial crisis, according to high-yield guru Marty Fridson.

Riskier "junk bonds" have begun reflecting some of the fears gripping the stock market around the economy and inflation. "Small cracks are forming," a BofA Global team led by credit strategist ...

The chorus of authorities warning about a popular text message scam has grown as fake toll road texts continue to attack consumers. The scam tries to trick its victims by appearing as an attempt ...

Axon Enterprise sold a debut junk bond on Wednesday in what is a weaker but still crowded US primary market for high-yield borrowers. All websites use cookies to improve your online experience. They ...

Canadian suspects are charged with bilking American elders of $21 million as part of a "grandparent scam," according to a ...

The warnings in recent years from some analysts that the 60%/40% stock/bond benchmark portfolio is dead haven’t aged well.

Mass. Attorney General Andrea Joy Campbell on Monday announced finalized rules aimed at protecting consumers from being ...

To combat “junk fees,” A.G. Andrea Campbell announced the state’s adoption of consumer protection regulations to prohibit ...

Guardrails for junk-bond exposure and duration (a measure of interest-rate sensitivity) help keep risk in check. The fund’s stake in below-investment-grade bonds has rarely exceeded 4% under the ...