Bonds Archive
All Eyes On The Treasury Auctions
An auction of 5 year treasury notes on Tuesday and one of 7 year notes today appear to be driving the market. Everybody is focused on the federal deficit, China's appetite for our debt and ...
Posted by Greg Feirman · No Comments »
Treasury Sell Off Causes Stock Market Selloff
May 27, 2009 · Category: Bonds, Market Commentary
For some reason at about 1pm EST long term treasuries started selling off causing interest rates to surge and dragging the stock market down with it.
I missed my man Rick Santelli explaining why at the close ...
Posted by Greg Feirman · No Comments »
The End of the Treasury Bubble?
January 29, 2009 · Category: Bonds, Interest Rates
At the beginning of the month Barron's ran a cover story calling a bubble in treasuries: "Get Out Now" (subscription required - e-mail me if you want a link).
A month earlier, the fabulous Jim Grant wrote ...
Posted by Greg Feirman · No Comments »
Average Yield On Junk Bonds Exceeds 20%
This is really off the charts in terms of anything we have ever seen.
- Martin Fridson, CEO, Fridson Investment Advisor, a non-investment grade debt specialist
Junk bonds on average now yield more than 20% for the ...
Posted by Greg Feirman · No Comments »
Long Term Interest Rates Are Rising
While everybody has been focused on the stock market holding the lows from Jan 22-23, less noticed has been the fact that long term treasuries are holding their highs from the same period (30 Year ...
Posted by Greg Feirman · No Comments »
Thoughts And Links
As we work through a pretty slow day as investors try to get their bearings after yesterdays huge selloff, here are some things I'm looking at and thinking about:
A lot of stocks are cheap. We ...
Posted by Greg Feirman · No Comments »
CDSs: What Everybody Will Be Talking About In 2008
December 31, 2007 · Category: Bonds, The Investment Advice Business
"... defaults of a different kind could be the big issue of 2008. If you want to mug up on jargon for the year ahead, then the business of insuring against bond defaults known as ...
Posted by Greg Feirman · No Comments »
California In The Red Again
December 28, 2007 · Category: Bonds, California
Two weeks ago, California Governor Arnold Schwarzenegger said that in January he would declare a "fiscal emergency" in the face of an anticipated $14 billion budget defecit for the 2008-09 fiscal year (July 1, 2008-June ...
Posted by Greg Feirman · No Comments »
Morgan Stanley Takes Huge Writedown, S&P Takes Ratings Action On 6 Bond Insurers
Before the open this morning, Morgan Stanley (MS) announced fiscal year 4th quarter earnings, which included a $9.4 billion writedown related to mortgage backed securities.
This resulted in a loss of $3.6 billion in the quarter ...
Posted by Greg Feirman · No Comments »
