Sentences with phrase «year bond debt»

In other words, investors aren't rewarded for owning a US Treasury 10 - year bond debt in lieu of a combination of shorter maturity bonds.

Not exact matches

The interest rate on 10 - year bonds was 1.79 % at the end of 2014 — about half as much as the federal government had to offer to get investors to buy its debt a decade ago.
The company had a net loss of 10 million yuan (US$ 1.57 million) in the first half of last year, a bond default this year, and it has racked up debts of at least 3 billion yuan.
Although no state has defaulted on general obligation bonds in over 80 years, the 19 th century witnessed numerous instances in which states - and the Florida territory - defaulted on their debts or even repudiated them outright.
In March 2018, SES secured an eight - year EUR 500 million Euro Bond at a low annual coupon of 1.625 % which allows SES to refinance an upcoming debt maturity at more favourable terms.
Japan has already lost its AAA status, and Fitch Ratings recently warned it might downgrade the country's sovereign debt if it issued more than the planned ¥ 44 trillion in bonds next year.
The yield on Greece's three - year bond, which has surged from 4 % to 13.5 % since October, is now reflecting serious expectations that the country may end up outside of the Eurozone and unable to repay its euro - denominated debts.
Lewis, fund's chief investment officer, spent nine years at Citigroup as a director of the bank's global special situations group, a $ 5 billion prop - trading group that specialized in distressed debt, high - yield bonds, and value equity.
Over the past several months, debt traders have been growing increasingly wary of this type of monetary tightening by global central banks, which have been the biggest buyers of bonds for years.
Bonds tumbled as upbeat consumer spending data lowered demand for U.S. debt, pushing the two - year note yield to its highest level since 2011.
Second, the average time to maturity on U.S. debt is six years, meaning that most of the low - yielding bonds now on the books will be exchanged for more expensive debt over the next decade.
The U.S. 10 - Year Bond is a debt obligation note by The United States Treasury, that has the eventual maturity of 10 years.
Progress in a few areas has been solid: slashing of bureaucratic red tape has led to a surge in new private businesses; full liberalization of interest rates seems likely following the introduction of bank deposit insurance in May; Rmb 2 trillion (US$ 325 billion) of local government debt is being sensibly restructured into long - term bonds; tighter environmental regulation and more stringent resource taxes have contributed to a surprising two - year decline in China's consumption of coal.
Elliott built up most of its position in Energy Future's debt after Texas regulators rejected NextEra's offer earlier this year, causing bond prices to crash, the sources said.
«As the U.S. economy slowed and Europe's debt crisis worsened, investors sought the safety of Treasuries and sold the bonds PIMCO had bet on, leaving the fund trailing 89 % of competitors in August and 67 % this year through Sept. 8.»
The potential counter weights that could cap the 10 - year yield would be a negative stock market reaction that drives investors to bonds; lower interest rates outside the U.S. that make the U.S. debt relatively more attractive, and good demand for longer - dated securities from insurers and others.
The Barclays U.S. Aggregate Bond Index is a market value — weighted index of investment - grade fixed - rate debt issues, including government, corporate, asset - backed, and mortgage - backed securities, with maturities of one year or more.
The iShares Intermediate Credit Bond ETF tracks a market - weighted index of USD - denominated investment grade corporate, sovereign, supranational, local authority and non-US agency debt with maturities between 1 - 10 years.
But longer - dated bonds fell over inflation fears; prices for 30 - year debt sank and fell most of the day for the benchmark 10 - year Treasury, though the latter turned moderately positive at day's end.
The Barclays U.S. Intermediate Government Bond Index is a market value — weighted index of U.S. government fixed - rate debt issues with maturities between one and 10 years.
I'm actively looking at my debt and determining if it makes more sense to pay down mortgages (locking in a guaranteed ~ 4 % return) or investing in bonds (~ 1 % returns if held to maturity) or stocks (uncertain, but I just wrote an article about the current PE ratio and the inevitable reversion to the mean and I believe we are likely headed for 10 years of low single digit returns).
China's one - year sovereign bond yield has climbed 14 basis points since the devaluation, while the cost to insure the nation's debt against default jumped to a two - year high.
In the subsequent years, one after another of the indebted LDCs obtained notional debt forgiveness of 30 - 50 % in the subsequent Brady - bond restructurings.
The iShares 10 - 20 Year Treasury Bond ETF tracks a market - weighted index of debt issued by the U.S. Treasury.
The iShares 20 + Year Treasury Bond ETF tracks a market - weighted index of debt issued by the US Treasury with remaining maturities of 20 years or more.
Oppenheimer, the large mutual fund company, also owned some of the bonds issued by Remington, but said it sold its debt holdings last year.
One red flag for lenders is that the volume of energy debt rated CCC or below — the weakest ratings among junk bond issuers — has more than doubled to $ 62 billion from a year ago, Fitch said in a June 12 report.
Western allies press Trump to maintain nuclear deal with Iran: Reuters US intelligence monitors Iranian cargo shipments into Syria: CNN A trade war is a major risk for China's debt - ridden economy: CNBC Federal judge orders gov» t must accept new DACA immigration applications: WaPo Unification of Koreas still unlikely as leaders prepare to meet: Reuters US Consumer Confidence Index rebounded in April after March decline: CB New home sales in US increased to 4 - month high in March: MarketWatch Richmond Fed Mfg Index turns negative for first time since 2016: Bond Buyer S&P Case - Shiller Home Price Index surged in Feb, up 6.3 % y - o - y: CNBC Federal Housing Finance Agency: US house prices continued to rise in Feb: HW Corp bonds with lowest investment - grade rating look vulnerable: Bloomberg 10 - year Treasury yield reaches 3.0 % for first time since 2014: CNN Money
Moody's Investors Service, which downgraded Tesla's credit rating further into junk in March, still expects Tesla will need to raise about $ 2 billion selling equity, convertible bonds or debt, to offset the cash it burns this year and securities maturing through early 2019.
Sure, you can devalue those claims through inflation, but only if the debt is in the form of long - maturity bonds (which is why the recent discussion of issuing 50 - 100 year Treasury bonds seems understandable but also a bit nefarious).
The news comes as global debt markets were already selling off amid signs that central banks are starting to step back after years of bond - buying stimulus.
debt obligations of the U.S. Government with maturities of 10 years or longer; coupon interest for Treasury bonds is exempt from state and local taxes, but is federally taxable; interest income may also be subject to alternative minimum tax
the initial sale of U.S. debt obligations and new issues, offered and purchased directly from the U.S. government at a face value set at auction; these securities are auctioned in a single - priced, Dutch auction; auctions are held with the following frequencies: Treasury bills with one - month (30 day), three - month (90 day), and six - month (180 day) maturities are auctioned weekly; treasury notes with two - and five - year maturities are auctioned monthly; Notes with three - year maturities are auctioned in February, May, August, and November; treasury bonds with 10 - year maturities are auctioned in February, May, August, and November.
After years of buying eurozone countries» sovereign debt, the ECB announced in March that it would begin buying select corporate bonds as well.
There, she was part of the team that represented Champion REIT's manager for the first convertible bonds issue by a Hong Kong - listed REIT, which won the «Debt Market Deal of the Year» award at the 2007 ALB Hong Kong Law Awards.
It is true that earlier this year a swap of Greek bonds took a bite out of the country's debt load by forcing a «haircut,» the cute word bankers use to describe losses, onto creditors.
The continuing low level of government bond yields has supported the search for yield that has been evident over the past couple of years, with the spread between yields on US government debt and yields on both corporate and emerging market debt remaining around historical lows over the past three months (Box B).
But a deeper decline in Italy's economy this year that pushed debt to GDP ratios materially higher would likely catch bond investors» attention, and then ultimately the attention of global stock investors.
The financing needs coming due in the first quarter «imply that euro area banks will not have extra money as a result of the three - year auction to purchase European sovereign bonds, using a carry - trade strategy, because the amount of fresh cash is less than the amount of bank debt that will mature during the quarter», Powell wrote recently.
The U.S. is scheduled to reopen $ 20 billion of 10 - year debt Wednesday, followed by $ 12 billion of 30 - year bonds Thursday.
During this two - year crisis investors have continually called on the ECB and euro area leaders to «fix» the debt issue: by wiping out half of Greece's debt, by protecting Italy's access to debt markets through bond purchases, or by suggesting a levered EFSF, the euro area's rescue vehicle.
In the next few years, the BOJ could not only own most of the Japanese bond market, but virtually most Japanese stocks; even as Japan's gross debt will exceed 250 percent of its GDP.
But even if the ECB does bend to the will of the bond markets this year, and begins to buy sovereign debt directly, the single currency is left with all of the same weaknesses that existed prior to the crisis: the inability to tailor interest rate policy for each individual economy, the lack of foreign currency adjustment needed to offset differences in competitiveness, and growth - limiting trade dynamics throughout the area.
For years, friendly debt markets have allowed issuers to push the «maturity wall» — where tons of bonds come due simultaneously across the high - yield market.
S&P ratings agency issued a statement reaffirming US Treasury bond AAA credit rating, but they issued a negative outlook which means there's a 1 in 3 chance of lowering the debt rating in the next 2 years.
«The pace of issuance and the diversity of borrowers this year has shown that the green bond market has come of age,» says Andrew Salvoni, in Morgan Stanley's London debt capital markets division.
In reaction to the polls, the spread on French five - year government bonds rose to its highest level since the eurozone debt crisis.
HSBC is number one in M&A, equity and debt in Hong Kong, having advised its clients on 13 M&A deals worth $ 13.9 billion and raised $ 1.1 billion in eight equity deals and $ 4.6 billion in 43 bond deals last year.
At present, investors have no reasonable incentive at all to «lock in» the prospective returns implied by current prices of stocks or long - term bonds (though we suspect that 10 - year Treasuries may benefit over a short horizon due to continued economic risks and still - unresolved debt concerns in Europe, which has already entered an economic downturn).
Last year our lead theme of How I Stopped Worrying and Learned to Love the Bond favoring longer - maturity debt was right, even if for the wrong reasons.
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