The tortoise raised its wormy head and fixed him with an old eye above its nostriled beak.
But as Paul Abberley, head of fixed income at Aviva Investors, points out, in the short term the risk appears to be deflation.
According to Bob Hugin, head of fixed-income syndication at J.
But Matthew Tucker, head of fixed-income investment strategy at iShares, says the iShares yields are also lower because the funds mature in March versus December for the Guggenheim offerings.
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As a result, bond yields in these countries are artificially low now, says Shane Shepherd, head of fixed-income research at Research Affiliates, an investment firm in Newport Beach, Calif.
"These investors are not saying the bond has to pay off to make money, " said Tim Slaughter, head of fixed income at Auerbach Grayson, an agency brokerage in New York.
Late Monday, Purcell made co-presidents out of Zoe Cruz , head of fixed income, and Stephen Crawford , the chief administrative and risk officer, pushing aside current President Stephan Newhouse .
India is in "a sweet spot right now, " given where the yields are in the rest of the region and the flexibility the central bank has to cut, said Thomas Kemmsies, head of fixed income at Nomura Asset Management Deutschland KAG in Frankfurt.
Joining Cayne on the panel Wednesday will be former Bear chief executive Alan Schwartz, who negotiated the last minute deal with JPMorgan and the Federal Reserve, Paul Friedman, the former head of fixed income at Bear, Samuel Molinaro, the former chief financial officer, and Warren Spector, the former president.
In an odd three-degrees-of-separation, White's old job as head of equity capital markets at Credit Suisse was reclaimed by Ernesto Cruz, who is married to Zoe Cruz , the former head of fixed income at Morgan Stanley whose promotion to co-president of the firm in March helped precipitate the management turmoil.
"The bottom line is, we still like them, really, " said Ian Kelson, head of international fixed income at T.
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For quality carpets without the haggling, head for the fixed prices and easygoing attitude of Ben Rahal Carpets in Nouvelle Ville.
"People assumed it would just be a matter of time before Spain asked for help, but the market rallied too hard for it to happen, " says Michael Krautzberger, head of European fixed income at BlackRock.
"It helped that we came from the right families and went to the right schools, " says Chugh, 38, the much more reserved of the pair, who was the head of a fixed-income structuring group at Lehman Brothers in New York.
"It helped that we came from the right families and went to the right schools, " says Chugh, 38, the much more reserved of the pair, who was the head of a fixed-income structuring group at Lehman Brothers (nyse: LEH - news - people ) in New York.
The torpid feline raised its huge head, yawned, and fixed the boat with a long, disinterested stare, eventually resuming his interrupted siesta.
Yet, all of these are symptoms of the current deficiencies of economic policy, says Tony Volpon, a Brazilian and the head of Emerging Markets Americas fixed income strategy at Nomura Securities overlooking the Hudson River here in New York.
His head moved back, his gaze fixed on the ceiling, and his eyes were glassy.
Tim Grant, head of sales and marketing, said the fixed income market is dark and lacks liquidity.
Mr O'Rourke said at one point McGarry, of no fixed abode, was hit on the back of the head with a bottle in the kitchen and retaliated by throwing a bottle at Mr Galt, which missed but broke a window.
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"Investors are looking at this as an unlimited option trade with enormous potential gains, " said Andrew Chappell, head of European, African and Middle Eastern fixed-income trading and sales at Exotix, who says inquiries into the bonds have increased in recent days.
The book (for which she received a whopping quarter-million dollar advance) is a whack in the head for anyone stuck in traditional, linear, fixed ways of thinking about career and success.
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Credit Suisse hired Eric Miller, the former head of credit research at Barclays Capital, to run its fixed income research globally for a start.
But though the picture lies thus tranced, and though this pine-tree shakes down its sighs like leaves upon this shepherd's head, yet all were vain, unless the shepherd's eye were fixed upon the magic stream before him.
Alexander Gorra, head of the international department at BNY Mellon ARX in Rio de Janeiro, said that Japanese inflows into fixed assets began to slow in October 2010 when the government increased the financial operations tax, known as the IOF, for foreign buyers of government debt.
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