Walk a Kb or Two in my Moccasins- Nobody 'splained it to me like that!

Simple answers to Complex Questions and Complex Answers to Simple Questions. In real life, I'm a Greater-Toronto (Canada) Realtor with RE/MAX Hallmark Realty Ltd, Brokerage. I first joined RE/MAX in 1983 and was first Registered to Trade in Real Estate in Ontario in 1974. Formerly known as "Two-Finger Ramblings of a Forensic Acuitant turned Community Synthesizer"

My Photo
Name:

- Realtor (2nd or 3rd best you'll likely run into)
- Philosopher King of Real Estate Business in Ontario (self-assessed)
- Likes Public Policy & Governance Discussions
- Likes discussion on being an "Attestant" and First-Century Ecclesias(aka 'primitive congregations)

Wednesday, January 19, 2011

What's all this about bond yields & inflation?

Excerpt

Thirty-year Treasury yields slipped four basis points to 4.52 percent and the bond’s extra yield over two-year notes was near a record, indicating money managers are demanding compensation for the risk that inflation will accelerate.


‘Problem With the Dollar’
“The problem with the dollar is that despite the economic recovery, its housing market and employment remain very weak,” said Jane Foley, a senior foreign-exchange strategist at Rabobank International in London.

U.S. housing starts fell to 4.3 percent to a 529,000 annual rate in December, lower than the 550,000 annual rate predicted in a Bloomberg survey.

Thirty-year Treasury yields slipped four basis points to 4.52 percent and the bond’s extra yield over two-year notes was near a record, indicating money managers are demanding compensation for the risk that inflation will accelerate. The Federal Reserve purchased $7.7 billion in Treasuries due from December 2013 to January 2014. Volume in the Treasures market was the lowest in two weeks.

The Stoxx 600 slid 1.4 percent from yesterday’s highest close since September 2008. Kesa Electricals Plc, Europe’s third-largest electronics retailer, sank 9.8 percent after saying profit before tax will be at the lower end of analysts’ projections. Pearson Plc jumped 4.5 percent as the owner of the Financial Times raised its 2010 earnings forecast.

snip

read whole thing
http://noir.bloomberg.com/apps/news?pid=20601087&sid=aXaVjzqgm7P8&pos=2

Stocks, Dollar Fall as Housing Starts Slow; Goldman Sachs Drops

By Stephen Kirkland and Rita Nazareth
Jan. 19 (Bloomberg) -- U.S. stocks fell, sending the Standard & Poor’s 500 Index to its biggest drop in almost two months, and the dollar weakened as Goldman Sachs Group Inc.’s profit slid and housing starts trailed forecasts. China led emerging markets equities higher while Treasuries advanced.

The S&P 500 lost 1 percent to 1,281.92 at 4 p.m. in New York, its biggest drop since Nov. 23, as 430 of its companies declined. Goldman Sachs sank 4.7 percent to pace a decline in banks after profit slid by more than half as revenue from trading and investment banking declined. The Dollar Index dropped to the lowest level since November, while 10-year Treasury yields declined three basis points to 3.34 percent.

...snip

0 Comments:

Post a Comment

Links to this post:

Create a Link

<< Home

Politics Blog Top Sites