"Does reciprocal ‘favor trading’’ help liquidity or enable rent extraction?" asked Casey Dougal, associate professor in the Department of Finance at Florida State University’s College of Business. An ...

The lead seller of the bonds of GWG Holdings Inc. recently revealed troublesome fallout from a product that failed, raising questions about the firm. In its annual audited financial statement filed ...

The Treasury market selloff last week came amid signs investors are deleveraging. In a curious twist though, instead of dealer inventories rising as a consequence, they unexpectedly collapsed.

Emerson Equity, a California broker-dealer that was the leading seller of L bonds issued by bankrupt GWG Holdings, is suing a network of insurance underwriters in a $5 million dispute over insurance ...

WASHINGTON — Bond dealers responded to regulatory concerns over "pennying" in bond pricing, telling the Municipal Securities Rulemaking Board that the seller's intent is important in deciding if a ...

U.S. Treasury Secretary Steven Mnuchin is again talking about how it might be a good time for the government to issue ultra-long bonds, or those with 50- and 100-year maturities, given that yields are ...

As the over-the-counter (OTC) bond specialist dealer system, which marked its 24th anniversary this year, becomes ineffective, securities firms and banks are voluntarily surrendering their dealer ...

Nearly a decade after the global credit crisis, a new fixed-income ecosystem is taking form. While institutional investors continue to trade the majority of their bonds with the biggest fixed-income ...

If you’ve ever said to someone, “I owe you one,” you essentially already know what a bond is. A bond is an I.O.U. between a borrower and a lender. Municipal bonds are debt securities issued by state ...