Greece got a a little closer to default: Greece’s creditor banks broke off talks after failing to agree with the government about how much money investors will lose by swapping their bonds, increasing the risk …
Search Results for: performance
January 12, 2012
The ECB actions are working: Spain sold 10 billion euros ($13 billion) of bonds, twice the target for the sale, while Italy placed 12 billion euros of bills, easing concerns the countries would struggle to …
January 11, 2012
Assiduous Reader BG, who often brings interesting things to my attention unlike the rest of you lazy bums, brings to my attention Goldman Sachs’ real-estate ATM with Canadian financing: Seven years after paying $215 million …
January 10, 2012
The bloom is off the ETF rose: As more and more exchange-traded funds enter the market, appetites for new baskets of stocks seem to be diminishing – at least in the United States. According to …
January 9, 2012
Another negative bill rate for the textbooks: Germany sold six-month treasury bills at a negative yield for the first time amid demand for the debt securities of Europe’s biggest economy as a haven from the …
January 6, 2012
Good US jobs number: U.S. employers added more workers to payrolls than forecast in December and the jobless rate declined to an almost three-year low, showing that the labor market gained momentum heading into 2012. …
January 5, 2012
They don’t issue preferreds, but this is interesting anyway – S&P downgraded Sears by two notches: The decline in operating performance at U.S. retailer Sears accelerated in 2011, and we expect operating performance to remain …
January 4, 2012
Have we seen this movie before? Esoteric assets are being securitized in volume: Sales of bonds backed by everything from timeshare rentals to shipping containers to entertainment royalties are poised to rise this year as …
January 3, 2012
Nothing happened today. It was a mixed day for the Canadian preferred share market, with PerpetualDiscounts roaring ahead 34bp, while FixedResets were down 4bp and DeemedRetractibles gained 8bp. Volatility was quite good, with Floaters doing …
MAPF Portfolio Composition: December, 2011
Turnover remained low in December, at about 4%. Sectoral distribution of the MAPF portfolio on December 30 was as follows: MAPF Sectoral Analysis 2011-12-30 HIMI Indices Sector Weighting YTW ModDur Ratchet 0% N/A N/A FixFloat …