The Spanish 10-year bond yield was quoted just above 6.5%, while Italian bond yields were quoted just below 6% on Wednesday.
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The Barclays Aggregate Bond Index gained 6.5% a year while individual bond buyers got stuck with a paltry 0.94% a year in gains.
In comparison with the past couple of hundred years, when bond yields were 3-6%, present bond yields look cheap.
By early afternoon Spanish 10-year bonds were yielding 6.35% while Italian 10-year bond yields were at 6.67%.
Currently, we are using a 10-year Treasury bond yield of 6% as a discount rate.
The tax for foreign bond investors is 6%, raised from 2% in early October.
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This was good enough to postulate that this bond would yield 6.5 percent in its outer years.
Bond prices soared, too, as the yield on the 30-year Treasury bond fell from 6.54% to 6.43%.
Spanish 10-year sovereign bond yields topped 6.5 per cent on Monday and only fell back slightly on Tuesday.
The country had marketed a five-year bond with a yield likely to be about 5% and a 10-year bond at about 6.125%.
If you buy a municipal bond that yields 6 percent, then it would be the equivalent of a taxable yield of 8 percent.
The country had marketed a five-year bond with a yield that was expected to have been around 5%, and a new 10-year bond at around 6.125%.
If you are going to use a discount rate of 6% AND assume the bonds are selling at par, then you MUST assume that the coupon on the bond is also 6%.
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For example, the Lehman Aggregate Bond Index contains more than 6, 000 bonds, but the Barclays iShares Lehman Aggregate Bond Fund ( AGG) contains only a little more than 100 of those bonds.
Italy's government paid an interest rate of 6.47% to borrow 3bn euros for five years at a bond auction, up from 6.3% last month.
The customers can scan the barcode in the Piaget boutique on New Bond Street before April 6.
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For the full year, the median core bond manager posted a 6.13% return, 1.9% ahead of the index.
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The Italian ten-year bond yield went above 6.5%, its highest since January.
As Spain's ten-year bond yields crept over 6% this week, talk of a bail-out for the euro zone's fourth economy is getting louder.
At one point today the interest rate on a 10-year Spanish government bond had risen to 6.8% - the highest since the euro began.
There were reports Friday that EU officials are preparing a plan in case they are forced to kick Greece out of the EU. Spanish and Italian bond yields were above 6% most of the week, which is also stressing the EU financial system.
Bonds and bond funds comprised 21.6% of individual investor portfolios, a 3.8 percentage point decline from May.
Belgian 10-year bond yields rose to nearly 6%, the highest level since the start of the euro zone.
This is Mr Bernanke's preferred cure, but it has not stopped deflation in Japan, where long-term bond yields are 0.6%.
The state cabinet's new plan is to raise the money for its stake through a 6 billion rupees bond issue.
Sure Italy bond yields are now over 6%, but the question is, are they really going to pay that principal back?
Spanish 10-year bond yields are back below 6%, Italian yields below 5% and even Portuguese yields have dipped back below 8%.
The historical norm for US government bond yields is 5 or 6%.
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With ten-year bond yields still well below 6%, Stack doesn't see the sharp rise in rates as having a dampening effect on equities.
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