Sam Stovall: Wally, if I recall properly, you invited me to talk with you today because you liked an article that I wrote in mid-April called Looking for Yield in All the Right Places.
The move up in bond prices and down in yield lifted all boats across all sectors.
As a callow bond-trader, fresh out of college, he participated in one of the greatest of them all, in Japan in 1986, when the yield on the ten-year benchmark Japanese government bond fell to 2.5%, the discount rate at the time.
After all, other than its yield, is cash held in the form of liquid Treasury notes all the different than cash held in the vaults of the Federal Reserve, especially when the Federal Reserve stands ready to buy those Treasury notes from any and all too-big-to-fail sellers essentially on demand, if need be?
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Yet, emerging market and high yield bonds in general have underperformed safety all year.
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In the boom, all that mattered to them was yield, and they did not need help finding it.
After all government bonds keep going up in price and down in yield.
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All these crises are alike in that the bankers play the yield curve and push money out to doubtful borrowers in order to get maximum advantage of the spread between the cost of borrowing short term and lending long term.
All three pay a yield of about 3%, reflecting in part the recent stock market swoon.
It has hardly surprising that the Real will become the poster child of the hot money flow in the FX market, after all it does offer a yield return that is over 10 times what can be found on quality Euro Zone debt.
When all of the pieces are in place, skills-based volunteering programs yield tremendous benefits.
All in all, a Ginnie Mae or Fannie Mae should offer a yield at least half a point over the comparable Treasury before you even give it a second look.
In early trading, all three major equity indexes surged, while the yield on 10-year Treasuries fell.
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The information they yield will be combined and analysed by scientists involved in all the experiments.
When gold was at its real all-time high in 1980, the ten-year Treasury-bond yield was 10.8%.
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If Saddam uses all he has and goes out in a blaze of inglory, it could yield a terrible human toll among his own people, to whose safety he's long given little thought.
But I hope that all the steps that we take in the future with respect to regional peace will yield results and we can work together with the United States with determination to achieve peace in the region.
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Treasury, corporate, municipal, high-yield and foreign bonds (and bond funds) can all play a role in your portfolio.
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At equilibrium, all its investments will yield the same expected return, equal to the lending interest rate in non-Islamic banking.
With investors feverishly searching for yield in any form, ETF issuers are filling the proverbial punch bowl with all manner of equity income strategies, and it seems the cup will soon runneth over.
The SEC investigations into the various Goldman CDOs are at different stages, another obstacle in reaching a catch-all settlement because agency officials aren't sure what those probes will yield.
My bond recommendations in 2012 ranged from high-yield to pipelines, refineries, autos and bond funds, all short duration.
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On the first count, the earnings yield for Amedisys is 15.45%, making it No. 83 of all stocks in the Validea database.
Short-term rates are now lower in America than in the euro area, and the yield premium on American bonds over euro-area bonds has been all but eliminated.
Limiting the sample to maturities at issuance of seven years or longer, to capture standard high-yield structures, there have been 11 such issues thus far in 2013, versus 20 offerings in all of 2012 (excluding split-rated deals).
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