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| 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. |
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| Bonds Online |
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| 5/10/2013Market Performance |
| Municipal Bonds |
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S&P National Bond Index
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3.00% |
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S&P California Bond Index
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2.96% |
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S&P New York Bond Index
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3.13% |
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S&P National 0-5 Year Municipal Bond Index
|
0.70% |
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| S&P/BGCantor US Treasury Bond |
400.09 |
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| More |
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| Income Equities: |
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| Preferred Stocks |
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S&P U.S. Preferred Stock Index
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848.03 |
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S&P U.S. Preferred Stock Index (CAD)
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636.26 |
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S&P U.S. Preferred Stock Index (TR)
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1,701.05 |
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S&P U.S. Preferred Stock Index (TR) (CAD)
|
1,276.26 |
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| REITs |
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S&P REIT Index
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174.07 |
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S&P REIT Index (TR)
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425.30 |
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| MLPs |
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S&P MLP Index
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2,469.58 |
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S&P MLP Index (TR)
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5,428.50 |
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See Data
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Bond buyers switch on to Dell after healthy earnings |
Forbes.com - May 18, 2011 - by Andrew Wilkinson
Government debt prices saw a positive start turn in to increasing losses on Wednesday as stocks put in a positive performance inspired by a jump for crude oil prices. A healthy earnings report from Dell Computers put its paper in the spotlight on a day when yields broadly rose.
Investment Grade –
Dell Inc. (DELL) – Computer-manufacturer Dell Inc. handsomely exceeded the consensus forecast of 43 cents delivering 49 cents even after excluding certain items worth another six cents. Better execution within a challenging consumer segment where sales are slowing saw the company extract a bigger sales ticket compared to its rivals. Dell’s strength within the more lucrative corporate sector helped deliver a 188% increase in net income to $945 million prompting the company to an upgrade to its full-year forecast. Dell’s share price jumped by more than 5% while bonds issued by the company were better bid throughout the morning. Dell’s 2.1% coupon paper maturing April 2014 was most sought after with $8mm changing hands while its 2038 maturity offering a 6.5% coupon also traded on $5mm volume. Its bonds are currently rated A2 by Moody’s.
Goldman Sachs Inc. (GS) – Bonds issued by Goldman Sachs continue to lose favor. Its share price is static despite a 0.5% gain in the broader market index. Financial issues continued to slide in general but as we previously noted an anticipated meeting at the New York office of the Attorney General to further discuss the trading practices of Goldman’s mortgage unit remains a sticking point for investors. Most actively traded was its February 2016 maturity carrying a coupon of 3.625% where $38mm changed hands. The bonds dropped 30cents per $1,000 face value lifting its yield to 3.60%. The yield on Goldman’s 6% June 2020 paper rose to 5% on traded volume close to $25mm.
Royal Bank of Scotland (RBS) – RBS saw its ADR’s fall on the NYSE by 1.9% to $13.48 ahead of lunch, while its bonds were also offered among corporate bond dealers as yields rose. The yield on its 5.625% August 2020 Aa3-rated paper rose to around 5.20% as sellers drove the bonds down in value by $1.75 per $1,000 face value.
Fro the complete article.
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| Stuff to look at |
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| BondsOnline Advisor |
Income Security Recommendation January 2013 Issue.
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