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Daily Archives: March 16, 2012
Bond yields moving toward a third spring test?
North American bond yields have broken higher over the past couple of weeks. Some suggest bond traders have been selling, disappointed that last week, at the March meeting, the Fed did not indicate another round of bond buying to follow … Continue reading
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So far, the bankers win
When Morgan Stanley (MS) said in January it had cut its “net exposure” to Italy by $3.4 billion, it didn’t tell investors that the nation paid that entire amount to the bank to exit a bet on interest rates. Italy, … Continue reading
When will we the taxpayers finally force the game to end?
The $25 billion mortgage settlement between lenders and state attorneys general won’t help nearly as many people as its touted to, Neil Barofsky, the former Special US Treasury Department Inspector General for the Troubled Asset Relief Program (TARP), tells Bloomberg … Continue reading
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