Bonds
Bonds Articles
If you hadn’t gotten your full round of pre-weekend economic gloom, famed investor Julian Robertson of Tiger Management just gave an interview with CNBC’s Erin Burnett. He is cautious about what...
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SIRUS XM Radio Inc. (NASDAQ: SIRI) issued a statement after the close showing how the company is taking tiny steps to trim its debt balances. Every penny of debt it can shed helps its overall...
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Level 3 Communications, Inc. (NASDAQ: LVLT) has just filed a mixed securities shelf registration with the SEC that will allow the sale of securities. This filing pertains more to security holders...
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It really is a wonder how and why the debt ratings agencies still have any merit or use at all, but for now they still have some pull. Moody’s has announced that it has lowered the debt ratings...
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Oil field services company Weatherford International Ltd. (NYSE:WFT) announced that it has begun offering Senior Notes due in 2019. A subsidiary of Weatherford "will fully and unconditionally...
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It is no secret at all that the bond funds, particularly closed-end funds, have had a hard time in the latest credit mess. Yet today marks perhaps a new change for closed-end funds, and if others...
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Chimera Investment Corporation (NYSE: CIM) is back at the trough to raise more cash. The vulture mortgage investment REIT has filed to sell up to $750 million in common and preferred stock. No...
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Energy Transfer Partners L.P. (NYSE:ETP) has priced an offering of $600 million in 9.7% senior notes due 2019, and the paper has been rated ‘BBB-‘ with a ‘stable’ outlook by Fitch Ratings....
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As if Citigroup Inc. (NYSE: C) had any real strength to its ratings, Moody’s has downgraded Citigroup’s senior debt. Interestingly, Moody’s says that this downgrade was moderated by the...
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The FOMC voted, and the Fed Funds Rate has now been given a TARGET RANGE of 0% to 0.25%. The Discount Rate was cut 0.75% and is now at 0.50%. Some of the statements are as follows: Take This...
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With ‘the Governator’ saying California is on the verge of financial Armageddon, there is concern about billions of investor dollars in municipal bond funds. This raises many questions about...
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There has been one asset class which has held up with flying colors: US TREASURIES. It has been a great ride if you hold them, but the yields are reaching a point that signals something...
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Microsoft Corporation (NASDAQ: MSFT) has just filed a shelf registration statement with the SEC that will allow the company to sell debt instruments from time to time if it chooses. No terms were...
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Level 3 Communications Inc. (NASDAQ: LVLT) has just seen another negative development, this time from Standard & Poor’s Ratings Services. S&P lowered its corporate credit rating Level 3...
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We have been tracking the developments in corporate bond spreads and the lack of liquidity for new capital. Over the last ten days or so we have witnessed several corporate bond offerings of size...
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