Description: U.S. bond markets have undergone dramatic changes due to the 2008 Global Financial Crisis (GFC) and the COVID-19 pandemic. In taking a retrospective view, we can see that bond markets, viewed through the lens of major bond indices, have been evolving for quite some time. Within this paper, TD Asset Management Inc. (TDAM) will explore underlying changes that have occurred within the U.S. Corporate Bond Index, a sub-component of the larger U.S. investment grade bond market, over the past decade. We will highlight key structural changes that have occurred within bond markets and why they are noteworthy

Description: Feature article discussing the newly developed Build America Bonds BABs.

Description: Feature article discussing the complexity of financial markets.

Description: Crossword Puzzle

Description: A Balanced Outlook: The Latest Views of Jack Bogle

Description: The Long and Short (Runs) of Investing in Equities by Peter Yoo from Risks and Rewards Newsletter, March 1999, Issue No. 32.

Description: A discussion on how, as some have worried, we are entering uncharted territory for countries such as the United States and the Eurozone, as large amounts of money are being expended to stave off major global financial crises.

Description: Recent passage of the Gramm-Leach-Bliley Act increased the access that insurers have to low-cost loans advances offered by the individual banks of the Federal Home Loan Bank FHLB system. This article describes the general features of how advance programs work, their potential benefits to insurers and key issues to consider.

Description: The article discusses the characteristics of the high-yielding bank loan asset class.

Description: Explains the more granular breakout of bond RBC factors proposed to the NAIC. Evaluates alternative asset allocation choices for insurers under the new rules.