A zero-coupon swap involves the exchange of cash flows where the fixed-rate side pays a lump sum at maturity. Learn its key ...

Adamas Trust, Inc.'s ADAMN 8% preferred offers high yield, but weak coverage ratios raise default risk. Check out this ...

A callable swap allows one party to exchange fixed for variable rate cash flows but includes an option to terminate early, providing flexibility in financial contracts.

Industry allocations detracted from performance led by overweight exposure to the automotive and media sectors.

Federal Reserve governor Christopher Waller on Thursday said he now supports a series of interest-rate cuts beginning in September, with the pace of subsequent moves driven by the incoming data.