Bonds
Bonds Articles
What is the next big short? The money that was made from 2007 to 2009 on the subprime mortgage short provided some of the most staggering profits that hedge funds ever realized. Heavy hitters like...
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Planning for College used to be pretty easy. In Texas, there was the “Texas Tomorrow” fund, a dedicated fund that allowed parents to lock in prices at colleges around the state. One problem …...
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Intel Corp. (NASDAQ: INTC) is said to now be looking at a $6 billion debt offering in three different tranches. The company used the “for general corporate purposes” explanation but it also said...
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Intel Corp. (NASDAQ: INTC) has filed its automatic shelf registration statement with the Securities & Exchange Commission. While these are normally just open shelf filings, Intel has already...
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ThinkstockIn the third calendar quarter of 2012, the share of corporate bonds that were downgraded totaled 1.3% of issuances, flat with the share downgraded in the second quarter. The share that was...
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courtesy of Sony Corp.Consumer electronics maker Sony Corp. (NYSE: SNE) is just one step away from having its bonds rated as “junk” by ratings firm Moody’s Investors Service. The ratings agency...
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ThinkstockAt today’s $24 billion auction of U.S. Treasury 10-year notes, the morning’s demand for the safe haven of U.S. debt continued apace. In this morning’s bond trading, yields had fallen...
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ThinkstockThe U.S. Treasury auctioned $32 billion in three-year note today at a yield of 0.392%. Demand was down, from a four-auction average of 3.73 times the amount sold to 3.41 times. As a result,...
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If you wonder what a 200 point drop in the DJIA does to a Treasury auction, let’s just say that demand goes through the roof. We would normally not care about a 2-year Treasury Note auction but the...
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The third round of Fed quantitative easing is pumping up the issuance of CCC-rated debt, according to the latest report from Fitch Ratings. Of total bonds issued in September, 26% were junk-rated, a...
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The U.S. Treasury today auctioned $13 billion in 30-year bonds at a yield of 2.904%, the highest level since May. The bid-to-cover ratio reached 2.49, well below the 2.64 average of the last four...
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The Kingdom of Spain has been downgraded to BBB- from BBB+ by Standard & Poor’s. The outlook is also listed as NEGATIVE. Spain is now officially almost at Junk-Bond ratings, and the outlook...
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The selling today and recent days in equities is driving the interest in Treasury notes and bonds again. Just when you thought that interest rates could not go much lower. Today brough a 10-Year U.S....
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It is no secret that we have grown cautious in the area of high-yield corporate debt, also known more commonly as junk bonds. Our concerns are not the underlying credit metrics of the companies and...
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The U.S. Treasury today auctioned $32 billion in 3-year notes at a yield of 0.346%, slightly higher than last month’s auction but still near record lows. The bid-to-cover ratio reached 3.96, well...
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