For one, liquidity remains strong in the corporate bond market, as spreads in both high yield and high grade corporates have remained relatively tight.
For a subject such as economics, applicants might have an A grade in A-level economics, but some universities might also require pupils to have a high grade at maths A-level as well.
Officials said the main charge was a high-grade military explosive which would have been able to bring down an aircraft, and that it could have been detonated in two ways, in case one failed.
Big harvests in 2000 and 2001, bolstered by loads of new high-grade grapes such as Kuleto's, have increased the supply of premium wine and pushed out marginal, low-end producers.
Despite the rather dour comments from Lockhart, the tide appears to be shifting in the corporate bond market as liquidity has begun to return and both investment-grade and high-yield premiums over Treasury yields have begun to narrow in recent sessions.
Carlson has delivered a 13% compound annual return since then, a percentage point better than the emerging market index and better than double what you would have earned from the collection of high-grade U.S. paper in the Vanguard Total Bond Market Index Fund .
For that you get a 40mm wide steel case that is not only made from a very high-grade steel, but is also among the best steel cases I have ever seen.
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In response, companies have issued a record year-to-date amount of high-grade bonds in the U.S., Thomson Reuters data show.
With returns on American Treasury bonds and high-grade debt too low to meet the needs of pension funds and endowments, they have to take more risks.
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Emerging market and investment grade bonds have sold off in the last few days, and the dollar high-yield index has plateaued, but European high-yield has remained on course, edging higher.
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Spreads on both investment-grade credit-default swaps (insurance against bond default) and on high-yield indices have increased sharply.
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Even junk issues have been inhaled by investors desperate for any yield pick-up over puny Treasury and high-grade bond yields.
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