Traders see the central banks as putting a floor under bond prices.
Italy adopted economic and public-finance reforms only under heavy bond-market pressure.
Perhaps the difference between equity and bond performances under the two parties is down to their economic records?
Five years from now, you may be facing another 25 years with your under-2% bond and reconsidering a few things.
Does anyone really believe a 10-year Treasury should yield little more than 1.5% or a 30-year government bond just under 3%?
Moreover, the income from the bond was under 1.5%, an historic low.
In America, Britain and Germany ten-year bond yields under 2% are now lower than the explicit (or implicit) inflation targets of their central banks.
ECONOMIST: The remarkable demand for low-yielding government bonds
Spain is under mounting pressure with bond yields well over 7% on 10-year paper and if it needs a bailout, Italy may not be far behind.
FORBES: Apple Loss Lands Nasdaq And S&P In The Red, Dow Up On Caterpillar, Boeing.
Should European interest rates start to rise, investors may switch back to less risky government bond markets particularly as higher interest rates tend to put heavily indebted junk-bond issuers under stress.
ECONOMIST: Junk bonds: As European as burgers and fries | The
The risk must be that whatever government emerges will only prove an interlude before a fresh crisis, in which external pressure once again is required to force Rome to confront the Italian economy's structural shortcomings, perhaps in return for a deal with the European Central Bank to support the government bond market under its Outright Market Transactions program.
When I made this argument to a bond trader that I know, he told me that I was under pricing the ability to sell the bond, the liquidity feature of buying the treasury.
In early August Mr Draghi said the ECB was prepared to resume bond-buying under strict conditions.
They talk about junk bond companies going under, but look at the records of some of those big-company takeovers.
Bond junior played under Redknapp at Dean Court, and subsequently served on his coaching staff at both Portsmouth and Southampton.
The last time I checked 10-year bond yields were under 3.5 percent.
Redknapp made over 100 appearances for Bournemouth as a player in the early 1970s under the management of John Bond - father of current Cherries boss Kevin Bond.
Powershares Build America Bond Porfolio ETF ( BAB) normally invests at least 80% of its total assets in taxable municipal securities eligible to participate in the Build America Bond program created under the American Recovery and Reinvestment Act of 2009 or other legislation providing for the issuance of taxable municipal securities on which the issuer receives federal support of the interest paid.
PIIGS, which in addition to the aforementioned nations include Italy and Portugal, have been under pressure from so-called bond vigilantes, as they have seen their bond spreads continue to widen from the benchmark German bund.
FORBES: Moody's Downgrades Spain's Credit Rating As Recapitalization Could Cost ��50B
Market participants and officials say they expect the sharp bond moves to calm down in coming weeks once the bank irons out the details of its buying program, and the market gets a taste of what investor demand is like under the new program at forthcoming bond auctions.
Market participants and officials say they expect the sharp bond moves to calm down in coming weeks once the BOJ irons out the details of its buying program, and the market gets a taste of what investor demand is like under the new program at forthcoming bond auctions.
Relying on the bond trustee to decide when to declare a default is a hit or miss exercise since the trustee is under the direction of the current bondholders and the bond indenture, both of who may limit his actions in this regard.
FORBES: Even If A Bond Doesn't Default, You Can Still Lose Your Money
But as junk bond financed companies continued to come under attack RJR bonds fell to big discounts.
He appeared briefly in the first Bond film Dr No in 1962 under his real name Major Boothroyd, played by actor Peter Burton.
Baldt pushes his 20 analysts to focus on the minutiae: What's in the bond indenture to secure repayment, under what circumstances can they be called in early, and does the market misunderstand them?
For years, strategists and soothsayers have been predicting that low rates on bonds, generally benchmarked by a 10-year Treasury bond rate that has largely remained under 2%, would force investors into riskier assets.
In fact, it was precisely the conditions under which you'd want to watch a Bond flick.
Peru has resorted several times in the past 18 months to sovereign bond issues to help keep the deficit under control.
The immediate, under-the-radar problem for the municipal bond market is that borrowers relied on banks to backstop their credits and lower short term funding costs when the credit crisis shut the door on auction rate preferred financing.
应用推荐