Bonds

Bonds Articles

The credit ratings agencies are notorious for being reactionary and calling problems long after the issues have already begun.  Now this morning came a call from Standard & Poor’s attacking...
The big Greek rumors are already being refuted today, but it doesn’t matter.  Friday’s big rumor is that Greece will leave the Eurozone.  Our prediction: this rumor is not true now, but on a...
The recent weakness in stocks could just be the start of what to expect in the weeks ahead.  It is early May and already we have seen the Dow Jones Industrial Average close down at 12,723.58 after...
Ben Bernanke, nor any other FOMC chairman, has ever given a regular press conference immediately after a scheduled FOMC meeting. We are taking notes, some will be paraphrased… We will not be...
If you saw that the equity markets were lower after news out of China this morning, the inevitable credit ratings agency news about the U.S. sovereign debt is adding more fuel to the fire this...
The dark side of investment banking beyond Initial Public Offerings usually revolves around secondary offerings and when companies raise capital via securities sales.  Generally speaking, these can...
The move is too soon but it was widely expected to occur.  The European Central Bank raised its benchmark interest rates by 0.25% to 1.25% this morning.  The move is to counteract inflation and it...
Time for “The Daily Dividend”… Did Meredith Whitney scare you out of buying or owning a municipal bond when she warned of dozens of impending municipal bond issuer failures?  She definitely...
AMC Entertainment Inc. is set to be one of our Top 17 IPOs to Watch in 2011.  Now the company has an SEC filing from late-Thursday showing that it has filed three debt offerings for a total of $1.5...
It is time for “The M&A Daily” and we have what might normally appear as a red flag alert here today.  Yesterday’s news that Sanofi-Aventis SA (NYSE: SNY) was borrowing $7 billion via...
Banco Santander S.A. (NYSE: STD) has filed to raise up to $1 billion in debt securities in the United States for its subsidiary Santander Holdings USA, Inc.   Santander is the parent company of...
The U.S. Treasury is finally getting on with its asset disposition plan.  This morning came the long-awaited announcement that it will start to sell its remaining portfolio of $142 billion held in...
Cisco Systems, Inc. (NASDAQ: CSCO) is beginning to in some ways feel like the lost leader… a silver-back gorilla with poor eyesight if you will.  The company has incredibly high gross margins and...
Are the credit ratings agencies still viable?  If you can believe it, there is a new round of warnings for credit rating downgrades in the lands of the PIIGS.  As if you didn’t know that things...
Ratings agencies missed the meltdown in the housing market and the rising debt tide that swept over European capitals.  We wanted to see if they are awarding Triple-A ratings to countries which did...