Bonds

Bonds Articles

What a shock! Yes, this is a bit sarcastic. Standard & Poor’s has decided that Greece’s credit ratings should be changed to Negative from Stable. After all of the reports that Greece is...
Interest payments on municipal bonds are tax-exempt from federal income tax for the most part.  There have been attacks over this in the past, all of which have failed to go anywhere.  Imagine how...
Altria Group Inc. (NYSE: MO) is lowering the average coupon on its debt, or at least that is the plan of a new debt tender offer. The American tobacco giant is commencing a $2 billion cash tender...
The European Central Bank either knows something that the rest of us do not know, or they are in a total state of denial. If you can imagine all of the negative news that has been coming out of...
Today’s Federal Open Market Committee decision on interest rates was never really about rates.  How could it be? The reality is that Ben Bernanke and friends at the FOMC have already had...
You have been warned about bubbles forming in bonds and in dividend stocks.  So when you get a report out on Gross Domestic Product that is above most expectations it should be of little or no...
The 7-Year Treasury Note auction conducted today appears to have gone off at a record low yield for the auction.  The Bid/Cover ratio was 2.64, which was a tad soft, but the coupon rate of 0.875%...
Uncle Sam gets to borrow money at this point for closer and closer to free each day. The insatiable appetite for the flight to safety is causing a new trend where investors are willing to just take a...
The Federal Reserve Bank of New York today has just released documents related to the Barclays-LIBOR scandal with Barclays PLC (NYSE: BCS).  These documents were requested (request or demand?) by...
Jon OggThe US dollar continues to flex its muscles today, following the release yesterday of the minutes of the FOMC’s June meeting. The minutes revealed little enthusiasm for another round of...
Investors are treating U.S. Treasury debt more favorably than gold at the moment.  The U.S. just saw its “AAA” rating from Fitch maintained late on Tuesday and now we are reminded why the...
Anheuser-Busch InBev (NYSE: BUD) may get to finance this purchase of the remaining interest in Grupo Modelo of $20.1 billion for somewhere close to free.  Of course this will not be entirely...
Fitch Ratings is maintaining a “AAA” rating for United States. The ratings affirmation pertains to the long-term foreign and local issuer default ratings and the U.S. Treasury security ratings. ...
More downgrades are hitting Europe today by the credit ratings agencies.  Today’s downgrades are not in the PIIGS as we have become so accustomed to.  Instead of bashing Portugal, Ireland, Italy,...
Advanced battery maker A123 Systems Inc. (NASDAQ: AONE) said this morning that it will raise about $39 million through a sale of shares and warrants to institutional investors combined with the...