AB Converts Short Duration Mutual Funds Into ETFs
Alliance Bernstein converted two short duration mutual funds, worth almost $800 million in assets under management, into ETFs on Monday.
Source: etftrends.com
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Is the Bond Market Poised to Skyrocket in 2024? Here's What Wall Street Thinks.
There are a lot of bond market bulls on Wall Street these days.
Source: yahoo.com
Investment Product and Service Launches
Equitable enhances flagship investment-only variable annuity; Vanguard expands ETF lineup; AllianceBernstein launches five active ETFs; and more.
Source: plansponsor.com
AllianceBernstein Launches Five New Active ETFs
Lineup includes one Buffered product and four Fixed Income products in AB's ETF suite NASHVILLE, Tenn., Dec. 13, 2023 /PRNewswire/ -- AllianceBernstein Holding L.P. and AllianceBernstein L.P., a...
Source: marketscreener.com
Why are bond yields so high right now?
The yield on the 10-year Treasury briefly hit 5%, the highest level since 2007. A resilient economy and expanding debt are pushing rates up.
Source: marketplace.org