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Tag Archives: bonds

New no-load bond fund from T. Rowe Price

T. Rowe Price, a Baltimore-based investment management company, introduced the Ultra Short-Term Bond Fund, (TRBUX), a no-load mutual fund that offers a conservative investment alternative for investors who want higher yields than a money market fund and less volatility than short-term bond funds.

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Bernanke signals no imminent steps to aid economy

WASHINGTON — Chairman Ben Bernanke said the Federal Reserve is prepared to take further steps to lift the U.S. economy if it weakens. But he didn’t signal any imminent action in testimony before a congressional panel Thursday. Bernanke said the ...

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Robert Nusgart – European woes offer yet another chance to refinance

Thank you Greece. Thank you Spain. Thank you Portugal. Thank you for fueling the European debt debacle that continues to make the American bond market a haven for skittish investors looking for a “flight to safety” for their money. And ...

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T. Rowe Price launches new emerging markets bond fund

T. Rowe Price Group, of Baltimore, a global investment management company, announced the launch of its third emerging market bond fund, the Emerging Markets Corporate Bond Fund, trading under the symbol TRECX. The new fund currently has diversification across more ...

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Legg Mason’s 4th quarter profit up 10 percent

Baltimore-based Legg Mason Inc. said Tuesday that its fiscal fourth-quarter profit increased 10 percent as it cut expenses to offset the impact of lower stock and bond assets. Net income rose to $76.1 million, or 54 cents a share, in ...

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