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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
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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)
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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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Credit Markets Running to Stand Still |
While equity markets tumbled, credit markets worked to maintain their position.
MORNINGSTAR - August 23, 2011 - By Joscelyn MacKay
The equity markets were on a wild ride last week, but the credit markets only edged out slightly. Through Thursday night (the latest for which we have accurate pricing), the Morningstar Corporate Bond Index widened just 4 basis points to +205. In the equity markets, however, the roller coaster took the market up and down, with the S&P 500 ending the week down 4% from the prior week.
U.S. Bank Credit Spreads Have Been Hit Hard
Due to European sovereign debt concerns, fears of a possible global recession, and looming possible settlements from prior mortgage and foreclosure practices, U.S. bank credit spreads have remained volatile and have widened dramatically over the past few weeks. The following chart displays the increase in five-year credit spreads for the six major U.S. banks since Aug. 1. Note the relative increase in spread for Bank of America (BAC) and Goldman Sachs (GS) (rating: A-) compared with Wells Fargo (WFC) (rating: A+), and J.P. Morgan Chase (JPM) (rating: A+). The chart shows that while the bond market is shunning all U.S. banks, banks with recent negative headlines have been hit especially hard. We recently moved Bank of America to unrated as we re-evaluate the bank's legal exposure to mortgage lawsuits in light of American International Group's (AIG) recent filing.
For 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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