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2014 Oct 15, 4:48pm
What Finance Experts Are Saying About Mortgages
The yield on the 10-year U.S. Treasury experienced high volatility Wednesday when it traded down at 1.86 percent before moving back above 2 percent. The movement was due to weak retail sales and manufacturing data, as well as falling prices in equities and oil. Weirdest day ever in mortgage...
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Stoneridge Redeems $157.5M Of 9.5% Senior Secured Notes
2014 Oct 15, 3:27pmStoneridge, Inc. (NYSE: SRI) announced today that it has redeemed the remaining $157.5 million of its outstanding 9.5% Senior Secured Notes (the "Notes") using $57.5 million in cash and $100.0 million in borrowings under its new $300.0 million Senior Secured Revolving Credit Facility (the "Credit...
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2014 Oct 15, 2:47pm
Bond Market Rallies To Yearly Highs On The Back Of Weak Data, Falling Equity And Oil Prices
In extremely volatile trading Wednesday morning, the yield on the 10-year U.S. Treasury note traded as low as 1.86 percent before moving sharply back higher to the psychological important 2.00 percent level. The previous low yield for the year was 2.18 percent, and bond yields have been as high...
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2014 Oct 15, 1:36pm
Treasury And Mortgage Bond ETFs Hit New Highs
The selloff in stocks has erased all of the gains on Wall Street this year as the S&P 500 Index dipped into the red for 2014. In just a few short weeks, sellers have taken control of the momentum in equities and significantly altered the tone of the markets. As a result of...
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Treasury Drop Is Harbinger Of A Fearful Market
2014 Oct 15, 12:03pmThe 10-year Treasury yield tumbled lower than 1.9 percent Wednesday, before coming back up for air just above 2 percent. This marks the first such occurrence in over a year and a half. To further these woes, the VIX rose to 27, a new multi-year high. This stumble is just one indication of growing...
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2014 Oct 15, 11:29am
3 Equity ETFs Benefiting From Low Interest Rates
The yield on the 10-year Treasury bond has fallen to new yearly lows this week and is below 2.2 percent for the first time since June 2013. The concern about a slowdown in Europe has investors contemplating another round of quantitative easing from the Federal Reserve. Even though the U.S....
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From F-3/A: Bona Film Group Files $250M Mixed Securities Shelf
2014 Oct 14, 10:38amBona Film Group Registers 3.14M Shares For Selling Holders
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2014 Oct 13, 3:54pm
Why The Bond Markets Are Closed On Columbus Day
The U.S. bond market never officially shuts down, but it observes the holiday trading schedule recommended by the Securities Industry and Financial Markets Association (SIFMA). Bond market holidays are not enforced but merely recommended. However, the U.S. Treasury market has been closed for...
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2014 Oct 13, 9:29am
Interest Rates Headed Lower Even As Fed Ends Quantitative Easing
The Federal Reserve will end its third round of bond buying since 2010, known as QE3, later this month. This coming change has helped roil global equity markets and coincided with the most recent leg in the year-long rally in US Treasuries. The US 10-year note closed Friday at 2.32 percent, its...
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2014 Oct 06, 10:39am
Jobs Data Highlights The Fed's 'Sweet Spot'
Friday's much anticipated jobs report brought some buying into the equity market and a pull back in long-term bond rates. After rallying much of the week, the 10-year note sold off two basis points and closed at 2.43 percent. Inside The Jobs Report The overall U.S. economy added 248,00...
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2014 Oct 03, 2:03pm
Cate Long On The Next Big Question In Detroit Bankruptcy
Cate Long is the founder of Puerto Rico Clearinghouse, an independent research and analysis platform for bondholders. Long is also also a financial blogger, and she recently joined Benzinga’s #PreMarket Prep to talk about the next big question in Detroit’s bankruptcy. Overall,...
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2014 Sep 30, 11:43am
Economic Data Mixed To Start Week, Key Employment Data Due Friday
Monday's economic data was mixed, leaving market participants focused on the key unemployment report coming Friday. Income And Spending Up Personal income and spending both rose in August. Personal income rose 0.3 percent, while spending surged up 0.5 percent. The Personal Consumption...
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2014 Sep 29, 9:14am
Is It Time To Get Out Of High-Yield Debt?
After five years of near-zero interest rate policy and several rounds of quantitative easing (QE), a sell-off in junk bonds is gaining momentum. Capital inflows into junk bond portfolios and high-yield ETFs were very robust until the Federal Reserve began its QE tapering program. With QE3...
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Treasury Auctions And Fed Speak Give First Hint Of The Post-QE Bond Market
2014 Sep 26, 11:16am
With this week's note auctions coming on the heels of so many statements by Federal Reserve Board Members, the market is showing investors what the bond landscape will look like once the Fed begins to tighten next year. The results so far suggest that the very short end and the long end of the...
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Bill Gross Jumps Ship At Pimco Amid SEC Probe, Moves To Janus Capital Group Inc
2014 Sep 26, 11:12amJanus Capital Group Inc (NYSE: JNS) gained more than 30 percent early Friday on news that Bill Gross will join the firm as an investment manager, Gross, 70, abruptly quit his post Friday as chief investment officer of bond-trading giant Pimco, shortly after news broke of that the Securities and...
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