Financial Investment Risk Consultant | Lawrence McDonald
Financial & Economic Consultant | New York Times Bestselling Author
Article By Natasha Brereton-Fukui, WSJ From Brazil to Indonesia to the Philippines, emerging-market countries are pouring into the bond market, taking advantage of soaring investor demand to sell debt at record-low interest rates. Governments and government-linked organizations in the developing world have sold $11.3 billion in bonds in the first two weeks of the year, [...]
Article By Paul Dobson, Bloomberg Italian 10-year bonds fell, pushing yields toward the highest this month, after the nation raised less than its maximum target at an auction of debt due between 2014 and 2022. Portuguese and Spanish securities also declined and the euro weakened to a 15-month low against the dollar after Italy agreed [...]
Article By Chiara Vasarri, Bloomberg Italy will sell as much as $11 billion in bonds today, one day after borrowing costs plunged at an auction of shorter-maturity debt. The Treasury in Rome will sell bonds maturing in 2014, 2018, 2021 and 2022. Italy yesterday sold 9 billion euros of 179-day bills to yield 3.251 percent, down [...]
Article By CNBC via Reuters Italian government bond yields edged higher on Tuesday and were expected to rise further this week with investors growing nervous that thin liquidity may complicate Rome’s plans to sell 8.5 billion euros worth of debt. Ten-year Italian bond yields rose 8 basis points on the day to 7.10 percent, widening the [...]
Article By Valentina Za, Reuters Italian one-year borrowing costs stayed close to a record high at an auction on Monday, in an early sign that last week’s EU summit failed to reassure investors European leaders can take the urgent steps required to stem the euro zone debt crisis. The Dutch government in contrast paid a negative [...]
BEAR TRAPS - From The Beating Heart of Wall St
We don't go to every wedding. But we never go to a funeral.