Not exact matches
Only two
years ago they were rating AAA all the toxic
bonds that created the crisis,» said Greek Prime Minister George Papandreou, adding that the downgrade was executed «not because of what Greece is doing but because of the decisions being taken
by the EU that are not considered as going far enough.»
The main stock index dropped
by as much as 2.4 percent earlier, while the benchmark 10 -
year government
bond yield rose to 6.944 percent, the highest since August 2017.
Green
bonds were not among the levies recommended
by the provincial transit agency Metrolinx to raise the estimated $ 2 billion a
year that's needed to improve transit in the Toronto - Hamilton area.
By comparison, popular intermediate - term U.S. bond funds managed by PIMCO and others run $ 1.02 trillion, up 2.6 percent in net assets this yea
By comparison, popular intermediate - term U.S.
bond funds managed
by PIMCO and others run $ 1.02 trillion, up 2.6 percent in net assets this yea
by PIMCO and others run $ 1.02 trillion, up 2.6 percent in net assets this
year.
He shares the consensus view that the 30 -
year bull market in
bonds is now spent and recommends buying floating - rate notes issued
by corporations that reset their coupon according to market rates every three or six months.
Specifically, there are concerns about what might happen should the tide turn in the
bond markets when 30
years of falling interest rates reverses at a time when the Federal Reserve is preparing to tighten monetary policy
by forcing rates higher.
The current deadlock has raised pressure on Greek
bonds on Thursday morning, sending the 10 -
year bond yields up
by 5 basis point.
The yield on the U.S. 10 -
year Treasury jumped to its highest level since 2014 on Friday morning, underlining a wider move in
bond markets caused
by central banks moving away from financial crisis policies.
And it also means that
bond market traders believe we're likely to see at least a quarter point hike in interest rates
by the middle of next
year.
Citigroup cut Chief Executive Michael Corbat's pay
by about 10 % in 2014, a
year in which the bank's profit nearly halved due to higher legal costs and a slump in
bond trading.
Their profit margins are roughly measured
by the difference between mortgage rates and the banks» own costs of borrowing, which is approximated
by the Bank of Canada's five -
year benchmark
bond rate — about 1.2 %.
Diczok expects the 10 -
year Treasury
bond to trade within the range of 2.78 percent to 3.38 percent this
year, likely finishing above 3 percent
by year - end.
He has implemented a massive stimulus policy
by cutting the central bank's benchmark interest rate to negative, keeping the 10 -
year Japanese government
bond yield near 0 percent in an effort to control the yield curve and stepping up the Bank of Japan's asset purchases.
If it sticks to the plan, it will reduce its
bond purchases
by roughly $ 420 billion this
year.
Total issuance of leveraged loans and high yield
bonds is down
by nearly $ 140 billion this
year compared to 2014, to about $ 575 billion.
A survey last
year by Mercer, a retirement and investment group, revealed that European pension funds would be inclined to raise their
bond holdings when average long - term sovereign
bond yields reached 2.8 percent.
It also means the Federal Reserve is likely to forge ahead with its plans to cut back on its
bond - buying activity later this
year and to ultimately end the
bond - buying program
by mid 2014.
That money, which is mostly held in short - term U.S.
bonds and money market funds, was kept in Ireland for
years, until an investigation
by the European Union into whether the company failed to pay taxes caused it to move its holdings to Jersey, a small island off the coast of Normandy that rarely taxes corporations.
This, along with the fact that rallies in the 10 -
year futures have also been accompanied
by high volume, has Ciana believing that the
bond market could soon rally.
By the way, the duration of the five -
year 5 %
bond (using a current yield of 3 % and semi-annual compounding) is 4.68
years (calculated on my spreadsheet).
The DGSE hiring target is 500 - 600 recruits a
year to bring its numbers up to 7,100
by 2019, but the skills required are not those of amphibious frogmen or secret agents of the kind incarnated
by the fictional British character James
Bond.
But that total is dwarfed
by the more than $ 1.5 trillion invested in intermediate - term portfolios (3.5 - to six -
year average duration), which include core
bond funds hewing to the Bloomberg Barclays U.S. Aggregate index.
By contrast, many investors are moving into diversified investment - grade fixed products, such as the IShares Core U.S. Aggregate
Bond ETF (AGG), which has had net inflows of $ 435 million this quarter and $ 2.2 billion of net inflows
year - to - date.
The $ 3 trillion hedge fund industry, which has been struggling to outperform stock and
bond markets, could see assets shrink
by as much as 30 percent in the next three
years if performance continues to disappoint, according to a report this month from Boston Consulting Group.
Some investors are now making calls that the euro zone's central bank could end its massive
bond - buying program
by the end of next
year, with a potential rate increase in the fourth quarter.
In addition, both variable and fixed - rate mortgage rates have risen over the past
year as a result of moves
by the Bank of Canada and fluctuations in the
bond markets.
Bonds, as measured
by the Vanguard Total
Bond Market Index ETF (BND), were down more than 2 percent
year - to - date through the end of February.
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.
But the bank has taken more extreme measures, such as ramping up purchases to more than 40 percent of the market overall and saying it would control the yield curve
by keeping the 10 -
year government
bond yield around 0 percent.
Indeed, Randell Moore, who survey's economists as the editor of the Blue Economic Indicators, says the current consensus is for the yield on the 10 -
year Treasury
bond to rise to 3.25 %
by the end of 2015.
By then, you'll have about $ 50,000 invested in municipal
bonds, which will probably be earning $ 2,500 a
year in interest.
Italian 10 -
year bond yields fell 2.5 basis points (bps) to 1.754 percent while other euro zone yields were pushed higher
by a sell - off in U.S. Treasuries and data suggesting the euro zone economy was not as weak as expected.
In addition to this secular shift in portfolios, a paper published
by the Kansas City Fed predicts a gradual overall increase in
bond ownership among people older than 65 compared to the same age group in previous
years.
Conveniently, all three of these projections are for 10 -
year bonds issued
by the federal government, allowing for an apples - to - apples comparison.
This is nearly double the cushion on offer two
years ago — and far larger than the thin insulation provided
by longer - term
bonds today.
The U.S. 10 -
Year Bond is a debt obligation note
by The United States Treasury, that has the eventual maturity of 10
years.
[105] On January 8, 2008, to address ongoing structural budget issues, Governor Corzine proposed a four - part proposal including an overall reduction in spending, a constitutional amendment to require more voter approval for state borrowing, an executive order prohibiting the use of one - time revenues to balance the budget and a controversial plan to raise some $ 38 billion
by leasing the Garden State Parkway, the New Jersey Turnpike, and other toll roads for at least 75
years to a new public benefit corporation that could sell
bonds secured
by future tolls, which it would be allowed to raise
by 50 % plus inflation every four
years beginning in 2010.
But more than anyone, Mr. Schäuble has come to embody the consensus that has helped shape European economic policy for
years: that the path to sustained economic recovery for financially troubled countries is to slash spending, raise taxes when necessary and win back the trust of
bond markets and other investors
by displaying commitment to fiscal prudence — even if that process imposes deep economic pain as it plays out.
Manulife, Sun Life Financial and iA Financial Group led the $ 290 - million transaction
by investing in 19 -
year bonds issued
by Phase II Investment Trust.
Chief Executive Officer Lloyd Blankfein, 61, is trying to ride out a
years - long
bond - trading slump that's being compounded
by market swings and stiffer regulations — challenges that have forced many competitors to scale back.
Well in fact it borrows the money
by selling 50 -
year bonds.
All in all, we believe eurozone
bond yields may move a little higher, but any increase is likely to be capped
by the ECB's ongoing level of purchases, at least until policymakers start to signal their next steps on monetary policy later in the
year.
His flagship DoubleLine Total Return
Bond Fund (DBLTX) has outperformed its benchmark
by a wide margin in the last six
years.
A Treasury
bond is basically a long - term security issued
by the U.S. Treasury that features a 30 -
year, fixed maturity and requires a minimum investment of $ 100.
A 2015
bond prospectus, which HNA filed in Singapore, described it as a «related party» while annual reports filed
by Hainan Airlines over 18
years stated that Pacific American was a major supplier.
For example, some investors may have taken on more risk in their portfolios in recent
years by moving into lower - quality
bonds or dividend stocks, in an attempt to generate additional yield.
The other provinces would have access to Canada Pension Plan surpluses, in proportion to the contributions made
by their residents, through the sale of provincial
bonds and provincially guaranteed securities on 20
year terms at the long - term federal
bond rate.
His flagship DoubleLine Total Return
Bond Fund (DBLTX) has outperformed its benchmark
by a wide margin in the last five
years.
The
bond market's second week of the
year was another setback, aided
by reports of diminished interest from Japan (trimming the size of quantitative easing) and reports that Chinese officials are recommending to slow or halt its buying of Treasurys.
The recently passed tax cuts could increase the Federal deficit
by around $ 200 billion this
year, adding to the supply of
bonds.