The fixed-income ETF boom is often described as a response to yield, but the more revealing shift may be in how investors want to use bonds. Rather than treating a bond fund as a broad income sleeve, ...

Baby bonds function similarly to traditional bonds, where investors lend money to the issuer in exchange for periodic interest payments and the eventual return of the face value when the bond matures.

Growing concerns about loan extension potential in commercial mortgage backed securities deals and how it might impact a bond's average life led to the creation of the CMBS triple-A schedule bond in ...