Investors can still find attractive yields in the bond market today — and they don't have to take a lot of risk to get them, according to Fidelity's Celso Muñoz. Muñoz is the co-lead manager for the Fidelity Total Bond ETF (FBND), whose team Morningstar calls " best-in-class ." The ETF, rated four stars and gold by Morningstar, currently has a 30-day SEC yield of 4.52% and an expense ratio of 0.36...
Investors can still find attractive yields in the bond market today — and they don't have to take a lot of risk to get them, according to Fidelity's Celso Muñoz. Muñoz is the co-lead manager for the Fidelity Total Bond ETF (FBND), whose team Morningstar calls " best-in-class ." The ETF, rated four stars and gold by Morningstar, currently has a 30-day SEC yield of 4.52% and an expense ratio of 0.36%. Muñoz isn't stretching to get that income. These days, he is leaning into Treasurys. FBND 1Y mountain Fidelity Total Bond ETF one-year performance Treasury yields jumped earlier in the week amid President Donald Trump 's threats over Greenland and fears of a trade war . Yields then moved lower on Wednesday and were little changed on Thursday. Bond yields move inversely to prices. "Yields are now near the highs of the last 20 years," Muñoz said in an interview with CNBC. Meanwhile, spreads on investment-grade corporate bonds are tight and are in the richest percentile relative to the last 20 years, he added. Credit spreads represent the risk premium, or additional yield, that investors receive for taking on risk. When spreads tighten, investors get less compensation for that risk. "Given that big disconnect, that big difference that exists today between Treasury yield and their history and spreads and their history, today I think Treasurys really offer some of the best risk reward in the fixed income market," Muñoz said. Some 39% of the Total Bond ETF portfolio is in U.S. government bonds, as of December 31. That is a higher allocation than Muñoz has historically had. The exposure is concentrated largely in the belly of the curve, between five and seven years. Taking some risks That's not to say Muñoz isn't taking some risks. Even with the tight spreads, about 29% of the portfolio is in corporate bonds, although security selection is key, he said. Bonds from JPMorgan Chase , Bank of America and Morgan Stanley are among the top corporate holdings in the ETF. Muñoz prefers ...
In the past three years, the market has been red hot. The S&P 500 (SNPINDEX: ^GSPC) has risen by 77% during that stretch, with the excitement and growth opportunities around artificial intelligence (AI) making investors price many stocks up to new all-time highs. As a result, the index, which is a collection of the leading 500 companies in U.S. markets, has also been hitting new records. The probl...
In the past three years, the market has been red hot. The S&P 500 (SNPINDEX: ^GSPC) has risen by 77% during that stretch, with the excitement and growth opportunities around artificial intelligence (AI) making investors price many stocks up to new all-time highs. As a result, the index, which is a collection of the leading 500 companies in U.S. markets, has also been hitting new records. The problem, however, is that like some individual stocks, the S&P 500's valuation has gotten incredibly inflated along the way. This suggests a significant decline could be around the corner. Is the stock market likely to crash in 2026? Image source: Getty Images. Continue reading
People save in retirement accounts so their nest eggs can last for the rest of their lives. These funds can help with living expenses while opening the door to some discretionary purchases, such as vacations and dining. However, retirees have to balance the timing of retirement account withdrawals to ensure they enjoy their fortunes without running out of cash. Here are some of the details to cons...
People save in retirement accounts so their nest eggs can last for the rest of their lives. These funds can help with living expenses while opening the door to some discretionary purchases, such as vacations and dining. However, retirees have to balance the timing of retirement account withdrawals to ensure they enjoy their fortunes without running out of cash. Here are some of the details to consider as you assess if 2026 is finally the year to start tapping into your retirement savings. Image source: Getty Images. Continue reading
Why Alibaba Group Holding (BABA) is back on investor radars Alibaba Group Holding (BABA) is drawing fresh attention after a period of mixed share performance, with a recent 1 day gain of 3.9% and a month return of 11.7% catching investors’ eyes. See our latest analysis for Alibaba Group Holding. That recent 3.9% 1 day share price return and 11.7% 30 day share price return at a last close of $168.6...
Why Alibaba Group Holding (BABA) is back on investor radars Alibaba Group Holding (BABA) is drawing fresh attention after a period of mixed share performance, with a recent 1 day gain of 3.9% and a month return of 11.7% catching investors’ eyes. See our latest analysis for Alibaba Group Holding. That recent 3.9% 1 day share price return and 11.7% 30 day share price return at a last close of $168.67 comes after a more modest 8.3% year to date share price return, while the 1 year total...
Distressed-debt giants Oaktree Capital Management and Anchorage Capital have amassed positions in the bankruptcy financing for First Brands Group , stepping in as negotiations over a fresh capital injection for the auto parts supplier come down to the wire. The firms have bought up stakes in First Brands’ $1.1 billion debtor-in-possession loan — a type of borrowing that’s typically first in line t...
Distressed-debt giants Oaktree Capital Management and Anchorage Capital have amassed positions in the bankruptcy financing for First Brands Group , stepping in as negotiations over a fresh capital injection for the auto parts supplier come down to the wire. The firms have bought up stakes in First Brands’ $1.1 billion debtor-in-possession loan — a type of borrowing that’s typically first in line to be repaid in bankruptcy — according to people familiar with the matter. Their purchases come as the loan trades at distressed levels. Anchorage and Oaktree joined the bankruptcy financing as First Brands negotiates an additional loan with its existing lenders, after warning it will run out of money by the end of the month without the extra cash. A sticking point for creditors in those discussions is the advisory fees First Brands has racked up since seeking bankruptcy protection in September, the people said, asking not to be identified discussing private information. The company is trying to unwind a complex web of so-called factoring transactions that restructuring advisers say left it burdened with billions of dollars of debt. Representatives for Anchorage and Oaktree declined to comment. First Brands and its restructuring adviser Alvarez & Marsal didn’t immediately respond to requests for comment. First Brands has appealed to creditors for new cash and was seeking as much as $800 million in December. The company said earlier this month that it only has enough funds to last through the end of January, a shortfall that could force it to shut down some businesses and sell other operations. It was in talks with existing lenders to secure enough money to continue operating and cover bankruptcy costs, its attorney said then. Read More: First Brands Warns Cash to Run Out by Jan. 31, Force Asset Sales The slumping price of First Brands’ DIP loan suggests creditors have viewed the injection of new, higher-priority money as all-but inevitable. The capital would require the appr...
Pullen Investment Management, LLC reported a new stake in MSA Safety (NYSE:MSA) , purchasing 16,026 shares during the fourth quarter, according to its SEC filing dated Jan. 20, 2026. The estimated value of the trade was $2.57 million, based on the average price for the reporting period. The quarter-end value of the position matched the transaction estimate, reflecting the combined impact of share ...
Pullen Investment Management, LLC reported a new stake in MSA Safety (NYSE:MSA) , purchasing 16,026 shares during the fourth quarter, according to its SEC filing dated Jan. 20, 2026. The estimated value of the trade was $2.57 million, based on the average price for the reporting period. The quarter-end value of the position matched the transaction estimate, reflecting the combined impact of share acquisition and price movement. This new position represents 1.35% of reportable U.S. equity assets under management as of Dec. 31, 2025. Top holdings after the filing: Continue reading
Canadian Prime Minister Mark Carney delivers a speech at the 2026 World Economic Forum Annual Meeting in Davos, Switzerland, on Jan. 20, 2026. Photo: IC Photo (Davos, Switzerland) — As discussions over Greenland and the signing of a new Peace Committee unfolded, the World Economic Forum’s midweek agenda — officially centered on “cooperation” and “dialogue” — increasingly revolved around U.S. Presi...
Canadian Prime Minister Mark Carney delivers a speech at the 2026 World Economic Forum Annual Meeting in Davos, Switzerland, on Jan. 20, 2026. Photo: IC Photo (Davos, Switzerland) — As discussions over Greenland and the signing of a new Peace Committee unfolded, the World Economic Forum’s midweek agenda — officially centered on “cooperation” and “dialogue” — increasingly revolved around U.S. President Donald Trump’s presence. China, meanwhile, was quietly present throughout the Western-centered clamor — not initiating conversations, but closely tied to nearly every conclusion.
In recent days, Nebius Group has come under pressure after new U.S. tariff threats on European countries unnerved global markets and weighed on technology names, even as the company continues to ramp up its AI-focused cloud infrastructure business with large, long-term contracts. These headlines contrast sharply with Nebius’s capacity being effectively sold out and its multi-year infrastructure ag...
In recent days, Nebius Group has come under pressure after new U.S. tariff threats on European countries unnerved global markets and weighed on technology names, even as the company continues to ramp up its AI-focused cloud infrastructure business with large, long-term contracts. These headlines contrast sharply with Nebius’s capacity being effectively sold out and its multi-year infrastructure agreements with Microsoft and Meta, which together total over US$20.00 billion and highlight how...
In recent months, IREN has shifted from its roots in Bitcoin mining to secure a five-year, US$9.70 billion AI cloud contract with Microsoft and build out a multi-gigawatt data center pipeline for hyperscalers. This move into vertically integrated AI infrastructure, with control over land, power, and GPUs, positions IREN as part of an emerging “neocloud” class serving large-scale AI workloads. Next...
In recent months, IREN has shifted from its roots in Bitcoin mining to secure a five-year, US$9.70 billion AI cloud contract with Microsoft and build out a multi-gigawatt data center pipeline for hyperscalers. This move into vertically integrated AI infrastructure, with control over land, power, and GPUs, positions IREN as part of an emerging “neocloud” class serving large-scale AI workloads. Next, we’ll examine how the multi-year Microsoft deal and AI infrastructure expansion reshape IREN’s...
If you are wondering whether Taiwan Semiconductor Manufacturing is still reasonably priced after its strong run, you are not alone. The stock last closed at US$326.12, with a 0.3% decline over the past 7 days, an 11.2% return over 30 days, and returns of 2.0% year to date, 47.6% over 1 year, 266.0% over 3 years, and 186.0% over 5 years. Recent headlines have focused on Taiwan Semiconductor Manufac...
If you are wondering whether Taiwan Semiconductor Manufacturing is still reasonably priced after its strong run, you are not alone. The stock last closed at US$326.12, with a 0.3% decline over the past 7 days, an 11.2% return over 30 days, and returns of 2.0% year to date, 47.6% over 1 year, 266.0% over 3 years, and 186.0% over 5 years. Recent headlines have focused on Taiwan Semiconductor Manufacturing's role as a key chip producer for global technology companies and its central position in...