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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
|
3.00% |
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S&P California Bond Index
|
2.96% |
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S&P New York Bond Index
|
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
|
848.03 |
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S&P U.S. Preferred Stock Index (CAD)
|
636.26 |
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S&P U.S. Preferred Stock Index (TR)
|
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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Corporate Bond Sales Diving in U.S. on Faltering Economy, ‘Haywire’ Yields |
Bloomberg - August 26, 2011 - By Sapna Maheshwari and Tim Catts
U.S. company bond sales are falling, with speculative-grade issuance headed for the slowest month since December 2008, on growing signs the economy is faltering.
PepsiCo Inc., the world’s biggest snack-food maker, and Glenview, Illinois-based Illinois Tool Works Inc. (ITW) led $5.7 billion of sales this week, a 72 percent decline from $20.4 billion in the period ended Aug. 19, according to data compiled by Bloomberg. There were no offerings of high-yield, high-risk bonds this week, leaving August’s total at $1 billion, compared with the monthly average this year of $28.5 billion.
Yields on corporate bonds have soared to the highest level since March as Europe’s debt crisis worsens and economists from Goldman Sachs Group Inc. to JPMorgan Chase & Co. reduce their forecasts for U.S. growth. Central bankers are meeting this week in Jackson Hole, Wyoming, where Federal Reserve Chairman Ben S. Bernanke last year hinted at a second round of bond purchases, or quantitative easing.
“A lot of issuers are staying away from the market because they’re tired of seeing this volatility and they’re waiting for it to die down,” said Jody Lurie, a credit analyst at Janney Montgomery Scott LLC in Philadelphia. “With yields going haywire, investors don’t feel comfortable putting their money in riskier assets without knowing what the economy has in store.”
Overall corporate bond yields rose to 4.85 percent as of Aug. 25 from 4.68 percent at the end of last week, according to the Bank of America Merrill Lynch U.S. Corporate & High Yield Index. The measure ended July at 4.5 percent. Yields touched 4.91 percent on Aug. 24, the highest since March 3.
For the complete article.
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| Stuff to look at |
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Income Security Recommendation January 2013 Issue.
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