junk bonds | Observer

By Mike Taylor 11/09/10 12:50pm

Wall Street

Morning Roundup: No, Mr. Bond, I Expect You to Die

Gold set another record high today. That makes four records in four days, putting the yellow metal on pace to become the Jerry Rice of commodities. [Reuters]
Bank of America and PNC Financial, who in addition to being some of the nation’s most avid implementers of foreclosure moratoriums are shareholders in BlackRock, Read More

By Mike Taylor 10/08/10 12:47pm

Morning Roundup: Bank Breakup Rules Coming Soon

Breaking up is hard to do, especially when the separation involves components of systemically important financial institutions. The FDIC is expected to offer a helping hand today by outlining new rules that would change the haircut taken by creditors to giant firms in the event of a failure. [WSJ]
’80s retro fever is Read More

By Mike Taylor 9/20/10 12:49pm

Up Up Up

Bond Bubble Watch: Investors Pile Into Junk

Guess what’s all the rage? Junk bonds, according to The Wall Street Journal. As prices on U.S. Treasury securities and high-grade corporate debt remain inflated, investors are venturing into riskier waters, buying up riskier bonds with fewer protections — all in the name of higher returns.

The Journal says that last week, junk-bond prices Read More

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Morning Roundup: No, Mr. Bond, I Expect You to Die

Morning Roundup: Bank Breakup Rules Coming Soon

Bond Bubble Watch: Investors Pile Into Junk

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