Reuters Money: January 10, 2017

Click to View in Browser Tuesday, January 10, 2017 Bill Gross: Secular bear bond market to begin if 10-year Treasury yield tops 2.60 percent NEW YORK (Reuters) - If the yield on the benchmark 10-year Treasury note moves above 2.60 percent, a secular bear bond market has begun, investor Bill Gross warned on Tuesday. Trump's war on private debt to reshape markets: James Saft (Reuters) - (The opinions expressed here are those of the author, a columnist for Reuters.) Donald Trump's prospective attacks on private debt contrast strongly with his apparent comfort with rising public indebtedness. If carried out, both will have a massive impact on financial and asset markets. SEC partly rules for 'Big Short' adviser but orders bigger payment NEW YORK (Reuters) - The U.S. Securities and Exchange Commission has partially overturned a ruling finding an investment adviser featured in the best-seller "The Big Short" liable in a case stemming from the 2008-09 financial crisis, but it increased how much he owes. Pimco Total Return posts $3.2 billion outflows in December NEW YORK (Reuters) - Investors pulled $3.2 billion from the Pimco Total Return Fund, once the world's largest bond fund, in December, bringing last year's total cash withdrawals to $16.1 billion, Morningstar data showed on Friday. DTCC to rebuild credit default swaps processing platform with blockchain NEW YORK (Reuters) - Post-trade provider the Depository Trust & Clearing Corporation (DTCC) will use blockchain technology this year to rebuild its platform that processes $11 trillion worth of credit default swaps, as Wall Street intensifies efforts to take advantage of the emerging technology. U.S. bond funds attract cash, shaking off inflation fears NEW YORK (Reuters) - U.S.-based taxable bond funds netted cash for the first time in four weeks, Lipper data released on Thursday showed, a sign that savers may be less wary than the Federal Reserve of inflation under the incoming Trump administration. IPF says to appeal against Polish tax body decision (Reuters) - Consumer credit lender International Personal Finance (IPF) said on Friday it would appeal against a decision by the Polish tax authority relating to the accounts of its Polish business, Provident Polska, for the 2008 financial year. Column: Older Americans at risk as Congress takes ax to Obamacare CHICAGO (Reuters) - Anyone nearing retirement - or already retired - should pay very close attention to the doings of the 115th Congress that was sworn in this week. Podcasting precursors: Hay baling, chopping onions and waiting tables NEW YORK (Reuters) - It might not make a lot of sense to our grandparents, but today's media superstars are not necessarily big-screen actors or anchors of the evening news. N.Y. pension fund manager pleads not guilty to pay-to-play scheme NEW YORK (Reuters) - A former portfolio manager at New York state's retirement fund pleaded not guilty on Wednesday to charges that he steered $2 billion in trades to two brokerages in exchange for bribes that included vacations, cocaine and prostitutes. Related Video Oil drop stymies Dow's march to 20,000 Stephen Wood on where the best stock values are in 2017 Related News Wall St. opens flat ahead of earnings season Yahoo to be named Altaba, Mayer to leave board after Verizon deal Counterparties is a curated snapshot of the best finance news and commentary around the web. Register Today A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2017 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook