That is, the apparent 104-basis-point yield advantage of the 30-year 5.5% Freddie Mac over a seven-year Treasury is less than it seems.
Shaving a few more tenths of a percentage point would yield several million in savings and could have a positive impact on the bottom line.
Investors who grasp for that last percentage point of yield and buy long-term bonds are making a gigantic bet that rates will fall even further or at least hold even.
The 20-year bond yield has moved 0.39 percentage point and the 30-year yield has moved 0.48 percentage point since the beginning of February.
Markowitz built a diversified portfolio model that assumed that the portfolio structure would be located on the frontier point that would yield maximum utility.
The 10-year Italian yield fell 0.09 percentage point to 5.50%, while the 10-year Spanish yield dropped 0.11 percentage point to 5.83%.
Italy's 10-year government bond yield soared 0.52 percentage point to 4.88%, while the corresponding yield on Spain's bond also jumped, rising 0.24 percentage point to 5.34%.
The yield on 10-year Italian government bonds rose 0.15 percentage point to 5.07%, while Spain's 10-year yield climbed 0.1 percentage point to 5.46%.
During the subsequent seven-month period as investors predicted that the Fed would soon be tightening policy the implied yield at one point rose to 1.94%.
Yields subsequently moved higher to 2.97% at the 10-year having earlier reached the lowest in five months, while the two-year yield at one point reached a three-month low.
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To Monaghan's immense credit, they refused to yield at that point and scores from Thomas Freeman and Paul Finlay had them two up with eight minutes of normal time left.
Most people believe that an inverted yield curve heralds a recession, and right now we have an inverted yield curve at the point where new money is supposed to enter the economy.
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Many such funds have sales charges of 4% to 5% and continuing fees of more than 1% a year, a high price to pay for the privilege of collecting an extra point or two per year in yield.
Spain's main stock index fell 2.6% Thursday, while the country's 10-year bond yield rose 0.04 point, to 6.59%, according to Tradeweb.
Tour Eiffel has a 5.7% earnings yield, a full percentage point greater than the French ten-year, whereas U.S. REITs average just a half-point over the ten-year T note.
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.
According to Australian site Atomic MPC, the company has revealed that the manufacturing process of its next-gen GPUs has improved to the point where the same average voltages can yield much higher clock speeds.
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The point is that Italy's bond yield - the implicit interest rate it pays - is unlikely to fall decisively below the catastrophically unaffordable 7% unless and until the eurozone demonstrates that there is a bailout facility (of some sort) that has sufficient resources to lend to Italy if investors refuse to do so.
Microsoft sold 10-year debt with a yield of 0.70 percentage point more than 10-year Treasurys.
But as of now, the Italian ten year yield is around half a percentage point higher than it was a month ago.
In his gloominess, Charlemagne missed an important point: the linguistic unification of Europe can yield economic returns in addition to the cultural and social ones enjoyed by those of us who speak English, whether or not it is our first language.
Most students of economics are familiar with the Laffer curve, named by Dr. Art Laffer, which demonstrates how higher taxes do not necessarily mean a higher tax yield, with there being a point (the peak of his curve) after which total revenue falls when the tax rate increases.
The 10-year Japanese yield was down 0.04 percentage point at 0.845% in late Tokyo trading.
At this point, fixed interest rates, even for high yield (junk-rated) debt, are near historic lows.
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On Thursday, the yield dropped below its prior low (point 1), which confirmed the break of the uptrend.
The requirement, drawn up after Robert Maxwell robbed his companies' pensions funds in the early 1990s, attempts to assess the present value of pension funds' future liabilities, taking the yield curve on gilts as its reference point.
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On September 9th, Hankook Tyre, a tyre maker with an investment-grade rating, issued 45 billion won-worth of three-year bonds at some 40 basis points (hundredths of a percentage point) above the average three-year bond yield in the secondary market.
Contracts expiring beyond one-year forward saw implied yields rise by seven basis points while government bond futures expiring in September fell by one-half point to trade at 125.81 carrying a yield of 2.94% as its yield crossed back above those available on comparable treasuries.
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