Bonds
Treasury 30-Year Bond Rises on Biggest Demand at Auction Since September Treasury 30-year bonds gained as
one of the biggest yield premiums over 2-year notes on record
bolstered demand at today’s auction of $13 billion in bonds.
Naked Credit-Default Swaps Crackdown in Europe Rings Hollow Without U.S. European politicians and regulators
could initiate a continent-wide ban on speculative trading of
sovereign credit-default swaps tomorrow. Making it stick without
the Americans won’t work.
Junk Bonds Beating Investment Grade as TXU, Freescale Soar: Credit Markets High-yield, high-risk bonds are
beating investment-grade debt for the first time this year as
confidence in the U.S. economic recovery gains strength.
Company Credit Risk Rises as Markets Absorb 57 Percent Jump in New Issues The cost to protect against
defaults on U.S. corporate bonds increased as credit markets had
to absorb a 57 percent jump in weekly company debt sales.
Toronto to Sell 30-Year Bonds for the First Time Since '80s: Canada Credit Toronto, Canada’s largest city,
plans to sell 30-year bonds for the first time since the 1980s
to take advantage of federal government matching funds for
infrastructure projects.
German Government Bonds Trade Near 2-Week Low as Greek Debt Concern Eases German government bonds fell to the
lowest in more than two weeks on optimism Greece’s deficit
crisis has been contained, stemming the demand for safer assets.
Greek two-year notes stayed near a two-month high.
Shun Spain's Bonds on `Death by 1,000 Cuts,' Invesco, Merrill Lynch Say Investors should avoid Spain’s
bonds as the euro region’s highest levels of joblessness stifle
the country’s ability to cut its budget deficit, according to
Invesco Ltd. and Bank of America Corp.’s Merrill Lynch unit.
Greek Debt Chief Denies Speculation That 3-Year Bond Sale Is Planned Greece has no plan to sell three-
year bonds, the head of the nation’s debt agency said.
Japan's Government Bonds Set for Second Weekly Drop on Advancing Stocks Japan’s 10-year government bonds
may fall, heading for a second weekly drop, on speculation
local stocks will advance after the Standard & Poor’s 500 Index
reached the highest level since October 2008.
`Barbell' Approach Best for Asian High-Grade Debt to Reduce Risk, RBS Says Investors should employ a
“barbell” strategy for investment-grade corporate debt, buying
top-rated bonds and notes rated A or below to minimize risk,
according to Royal Bank of Scotland Group Plc.