Enstar is perhaps best remembered as providing the smoking gun testimony that put former junk bond king Michael Milkin in federal prison for manipulating the bond market.
Furrow remains in federal custody without bond at the Metropolitan Detention Center in downtown Los Angeles.
Earlier this month, stocks had rallied as the European Central Bank and Federal Reserve announced bond-buying programs meant to jolt economic growth, with the Dow industrials hitting their highest level since December 2007.
But anxiety over the Federal Reserve's bond-buying program was the main culprit.
The second reason for likely interest rate increases can be attributed to the correlation between the Federal Funds Rate and bond interest rates.
Others worry there could be a rebound in Treasury yields if the U.S. economy recovers and the Federal Reserve halts its bond-buying program earlier than expected.
Rising interest rates mean losses for holders of long-dated debt, and he says that if it were not for the Federal Reserve's bond-buying programme, US Treasury yields would be "higher, meaningfully higher".
But thanks to the Federal Reserve's aggressive bond-buying campaign, Treasurys also are priced near record highs.
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For more details, call the Federal Reserve's Savings Bond Unit at 800-245-2804 or visit the Web site, www.savingsbonds.gov.
Gurung is being held without bond on a federal charge of attempting to carry a weapon on an aircraft.
The continued slow speed of the economic recovery removes little doubt that the Federal Reserve will continue its bond-buying program (QE3).
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Yet, the debt-to-GDP ratio is a nominal figure and indeed refers specifically to the nominal stock of bond contracts the Federal Government has entered into.
On Thursday, the U.S. dollar rose to an intraday high of 56.00 rupees, a level not seen since early September, due to fears that the U.S. Federal Reserve could lower its bond buybacks.
The dollar's rally had weighed on Asian currencies this year amid growing expectations that the U.S. Federal Reserve will pare its bond-buying program due to signs of recovery in the U.S. economy, reducing the attractiveness of high-yielding currencies.
Unlike corporate bonds or U.S. Treasuries, muni bond interest is often federal tax-free and exempt from state income tax of the state they are issued.
But as the federal deficit swelled, the government bond market boomed.
But 4% is still a heckuva lot better than the 1.6% annualized real return bonds had the last time (1952-1962) we were stuck with historic low bond yields courtesy of Federal Reserve policy.
December gold rose steadily in August and September, first on expectations and then confirmation of more bond buying from the Federal Reserve referred to as the third round of quantitative easing and aimed at pushing push down long-term interest rates.
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Low inflation coupled with stagnant growth will, certainly, renew investor clamor for another round of bond-buying by the Federal Reserve.
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Edwards' chief bond strategist, predicts the Federal Reserve will raise short-term rates back up to 4%--or even 4.5%--over the next 18 months.
Gold demand in general has soared globally this year, as a result of the sovereign-debt crisis in Europe and the Federal Reserve's new round of bond buying.
Elsewhere in Asia, stocks in the Philippines tumbled in heavy selling as foreign funds unwound positions in anticipation of the U.S. Federal Reserve beginning to wind down its bond-buying program.
Another quasi-government security is a bank bond with a guarantee from the Federal Deposit Insurance Corp.
To increase the base money supply, the Federal Reserve typically buys something, usually a bond of some sort.
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Expect the Federal Reserve Board to reinstitute its program of bond repurchasing, thereby driving down interest rates on long duration Treasuries.
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The important holding in the case is that Bond has standing to claim the federal law used to increase her jail sentence violates the 10th Amendment.
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Of the recent bond issuances since last September, the Federal government has purchased 70% of its own debt, increasing the compounding effect of the deficit.
Bond markets were savaged in 1994 when the Federal Reserve started to raise rates from 3%.
At the same time, she added, investors remain concerned about the Federal Reserve and its commitment to stimulating the economy with bond purchases.
Federal government offices will be closed, as well as bond markets.
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