bloomberg.com - 1/22/2009
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Jan. 22 (Bloomberg) -- The Bank of Japan cut its growth forecasts and said it will consider buying corporate bonds to prevent a shortage of credit from deepening the recession. The central bank may buy corporate bonds with a maturity of up to one year, it said in a statement released today in ...
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BOJ Considers Buying Corporate Bonds
Calculated Risk —
From Bloomberg: BOJ to Consider Buying Company Bonds; Cuts Forecasts The Bank of Japan said it ... may buy corporate bonds with a maturity of up to one year ... Policy makers today slashed their forecasts for growth and signaled a return to deflation in a quarterly review of the economic outlook. It sounds like Japan and the U.K are both in worse shape than the U.S. A late night thread for you all.
Thursday morning links
The Mess That Greenspan Made —
TOP STORIES China’s GDP Growth Slowed to 6.8% in Fourth Quarter - Bloomberg BoJ holds rates unchanged; sees deflation ahead - MarketWatch Mexico 2008 oil output, exports lowest since 1995 - Guardian You Peaked, Babe - Gregor.us The perils of plunging oil prices - MarketWatch United Airlines to cut 1,000 jobs - CNN/Money Intel to shut sites and cut up to 6,000 jobs - Reuters Microsoft to slash 5,000 jobs, misses on 2Q profit - AP U.S. and UK on brink of debt disaster - Reuters MARKETS/INVESTING Oil Falls Before Report Expected to Show ...
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But Are They Buying It?
baselinescenario.com 3/11/2009 — As Simon wrote this morning, the administration strategy is to wait and see if the economy turns around, lifting banks out of the mess they created. How can you tell if this is working? One way is to look at bank bonds.
If the administration is right and the banks are healthy (and to the ...
U.S. Treasury Considers Buying Stakes in Banks
online.wsj.com 10/9/2008 — [WASHINGTON - OCTOBER 08: Secretary Henry M. Paulson leaves after answering questions during a press conference at the Treasury Department October 8, 2008 in Washington, DC. During the press conference Paulson commented on the current financial crisis ...
Corporate Bonds
acrossthecurve.com 10/17/2008 — The mood in the corporate bond market underwent the same transformation which has occurred in the money market sector. One veteran salesman and friend of the blog reported that his firm was observing inquiry from end users in the 6 year and 7 year ...
Corporate Bonds
acrossthecurve.com 10/2/2008 — The IG 10 spread is trading 186/188. I did not obtain a closing quote on this yesterday but it opened around 170.
Insurance company bonds are getting spanked as Harry Reid demonstrated that he sorely lacks financial markets savvy with his senseless ...
Buying Municipal or State Bonds
bargaineering.com 4/25/2009 — Last week I was volunteering at Meals on Wheels when one of the other volunteers, Cheryl, asked me about buying state bonds. Until last week, I hadn’t really given it much research because the idea of buying individual bonds was never ...
Don't Forget About Corporate Bonds
online.barrons.com 10/26/2008 — AS ANYONE FOLLOWING THE FUN ON WALL STREET knows, swooning stocks and failing banks are the result of a virtual lockdown of the credit markets. But what investors must do is distinguish between the "credit markets freeze" and the longer-term ...
Corporate Bonds
acrossthecurve.com 6/7/2009 — There is very little trading this morning in the corporate bond market. The market remains quite firm and buyers dominate.
Here is an example. Bunge ( an agricultural and food company) sold $ 500 million 10 year bonds yesterday at T + 479. They ...
Corporate Bonds Don’t Believe the Rally
crossingwallstreet.com 3/29/2009 — David Merkel makes a good point : The spread between corporate bond and stocks is getting pretty big. In fact, way too big. Corporates seem to be sitting out this rally. Bottomline: Anything that’s not a Treasury is looking pretty good here.
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