Skip to content

Tag Archives: spread

Unraveling the profit puzzle at Goldman Sachs I

From PBS’s Lehrer show… ” As part of his continuing series of reports making sense of business and the economy, Paul Solman examines the inner workings of investment powerhouse Goldman Sachs and how it makes money.”

Yield curve may steepen “sharply” or it may not…

David Buik, a market analyst at BGC Partners, talks with Bloomberg’s Scarlet Fu about the demand for U.S. debt and expectations for the Treasury yield curve. Buik, speaking from London, also discusses the outlook for earnings reports from U.S. retailers. (Source: Bloomberg News / running time 2:30 minutes) As the federal government levers up consumers […]

“move by industrials away from CP/money markets to the term markets”

An interview with Mark Bamford of Barclays Capital with his opinion after corporate bonds outperform stocks and treasuries. (Bloomberg News – running time 3:30 minutes) Money quote…. “there is a move by industrial (issuers) away from the short term funding… CP and money markets…. to the term markets…” There was very large issuance in the […]

Up the scale…

  Bloomberg has quite a long article about the potential effects of the merging of the Moody’s corporate and municipal rating scales… ~~ ” Moody’s Investors Service is about to tell as many as 29,000 U.S. state and local government borrowers that they have higher credit ratings. That doesn’t mean taxpayers will enjoy lower borrowing […]