|
|
|
|
| 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
|
|
|
|
 |
|
|
|
|
|
|
Debt Ceiling Deal Reached; Senate, House to Vote on Monday |
AdvisorOne - August 1, 2011 - By Marlene Y. Satter
Proposed deal would raise debt ceiling, cut spending over 10 years
After tense negotiations over the weekend, President Barack Obama and Republican and Democratic leaders announced late Sunday that they had reached a deal on the debt ceiling that would be sent to the Senate and then the House on Monday, which Obama said on Sunday night “will begin to lift the cloud of debt and the cloud of uncertainty that hangs over our economy. “
While the Congressional Budget Office has yet to weigh in on the details (a fact sheet released by the White House provides details on the plan), the package that needs congressional approval by Tuesday to avoid running afoul of the Aug. 2 deadline on the debt ceiling includes:
Raise federal debt ceiling by at least $2.1 trillion, which is expected to meet borrowing needs until after 2012 elections, in two steps.
Spending cuts—called “discretionary spending caps” by Obama— of more than $900 billion over the next 10 years, “done in a way not to harm the economic recovery act,” said Obama Sunday night.
Would create a 12-member congressional bipartisan committee, split evenly between the two parties and the Senate and House, to recommend an additional $1.5 trillion in spending cuts over 10 years by Nov. 23; and expedited voting on the committee’s recommendations by Dec. 23. the recommendations cannot be amended or filibustered.
If Congress does not agree to committee cuts, automatic spending cuts would take place, split evenly between domestic and defense spending
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 [+] |
|
|
|
|
|
|
|
|
