|
|
|
|
| BondsOnline.com: instant access to and extensive coverage of over 3.5 million stocks, bonds, indexes and other securities covering major and emerging markets and exchanges across the globe. |
|
|
| Bonds Online |
|
|
| 5/10/2013Market Performance |
| Municipal Bonds |
|---|
|
S&P National Bond Index
|
3.00% |
|
|
S&P California Bond Index
|
2.96% |
|
|
S&P New York Bond Index
|
3.13% |
|
|
S&P National 0-5 Year Municipal Bond Index
|
0.70% |
|
|
| S&P/BGCantor US Treasury Bond |
400.09 |
|
| More |
|
| Income Equities: |
|---|
| Preferred Stocks |
|---|
|
S&P U.S. Preferred Stock Index
|
848.03 |
|
|
S&P U.S. Preferred Stock Index (CAD)
|
636.26 |
|
|
S&P U.S. Preferred Stock Index (TR)
|
1,701.05 |
|
|
S&P U.S. Preferred Stock Index (TR) (CAD)
|
1,276.26 |
|
|
| REITs |
|---|
|
S&P REIT Index
|
174.07 |
|
|
S&P REIT Index (TR)
|
425.30 |
|
|
| MLPs |
|---|
|
S&P MLP Index
|
2,469.58 |
|
|
S&P MLP Index (TR)
|
5,428.50 |
|
|
See Data
|
|
|
|
 |
|
|
|
|
|
|
U.S. Company Credit Swaps Drop; Apple Sells $17 Billion of Debt |
Bloomberg Businessweek - April 30, 2013 - By Victoria Stilwell
A gauge of U.S. corporate credit risk dropped to the lowest level in more than five years as Apple Inc. (AAPL) sold $17 billion of bonds in the biggest dollar- denominated offering on record.
The Markit CDX North American Investment Grade Index, a credit-default swaps benchmark that investors use to hedge against losses or to speculate on creditworthiness, decreased 1.5 basis points to a mid-price of 74.9 basis points at 5:06 p.m. in New York, according to prices compiled by Bloomberg. The measure, which has declined for eight days, closed at the lowest level since November 2007, when the gauge reached 71.9 basis points.
Apple, the iPhone maker with plans to finance a $100 billion capital reward for shareholders with borrowed money, issued $3 billion of floating-rate notes and $14 billion of fixed-rate securities in six parts with maturities from three to 30 years, according to a person familiar with the offering. Demand for the sale today followed data that showed consumer confidence rose more than expected, while home prices in 20 cities increased in February by the most since May 2006.
“Money continues to flow into investment-grade corporate bonds,” Mark Pibl, the head of credit strategy at Pierpont Securities LLC in New York, said in a telephone interview. “The markets are deep, and the liquidity gives a little level of comfort. The macro fundamentals have been generally positive.”
For the complete article.
|
|
|
|
|
|
| Partner Market Place |
|
|
|
| Stuff to look at |
Yield and Income Newsletter: A must have for income investors. subscribe NOW
S&P Commentary and Newsletters: S&P
|
|
| BondsOnline Advisor |
Income Security Recommendation January 2013 Issue.
Keep up with monthly, in-depth coverage of fixed income market strategies, commentary, and insights as seen by our sources. Sign up for the free BondsOnline Advisor now!
Unsubscribe here [+] |
|
|
|
|
|
|
|
|
