The recent thaw in short-term lending markets made it look, at least temporarily, as if the worst of the credit crisis had passed. But, says Breakingviews, the rapid collapse in the market for commercial-mortgage-backed securities, or C.M.B.S., shows that the American economic downturn is now becoming a big threat, and feeding back to financial assets, [...]
Results 1 - 10 of 534 for "SECURITIES"
A quick look at bank stocks would indicate that Wall St. is not terribly impressed with the Paulson $700 billion bailout plan. Citigroup (C), the whipping boy of the group, may be at a multi-year low. But, so is Goldman Sachs (GS), the most sublime of all US financial institutions. Even Jamie Dimon's JP Morgan (JPM), arguably the best run bank, has been pulled into the vortex of selling The tro...
This 2 part series will cover recent market developments about Berkshire Hathaway, points to a strategy on how you may benefit more on the same trades he did recently and an option trading strategy that probably Berkshire uses for maximizing it returns on the underlying they find worth investing. Don’t forget to read the big picture of US stock markets. Markets are behaving pretty much th...
As stocks, exchange traded funds (ETFs) and other securities plummeted in September, the Chinese turned to the safe haven of government debt and became the largest foreign holder of U.S. Treasuries. It appears that most foreign investors have been attracted to U.S. assets. The Treasury department states that the net foreign purchase of long-term equities, notes, bonds and short-term securities...
Prices of Treasury coupon securities posted gains today but the extent of the gains depended on the point on the yield curve at which the security resided. The yield on the 2 year note slipped 6 basis points to close at 1.07 percent. The yield on the 3 year note dropped 9 basis points to 1.34 percent. And then the bigger gains begin. The yield on the 5 year note tumbled 15 basis points to 2.05 ...
Standard & Poor’s said Wednesday that it downgraded Ambac Financial and the company’s main bond insurance unit because the rating agency expects more losses from guarantees of mortgage-backed securities and collateralized debt obligations.
Filed under: Goldman Sachs Group (GS), Morgan Stanley (MS), Financial CrisisBanks around the world have been raising capital in the last few months. If the market is efficient, then the cost of capital for these banks should tell us something about how risky they are. Based on the relative cost of capital of banks in the U.S. compared to those in France, Germany and Switzerland, the world's ris...
Fifteen years after the first ETFs appeared in the U.S., exchange-traded funds are now among the most widely traded securities in the market. Thursday's ETFs includes the most widely traded financial-related ETF, the SPDRS Select Financial ETF.
Risk premiums on commercial mortgage-backed securities have spiked in the past week, making this corner of the debt market the latest to show signs of mounting distress.
OK, so here is the weirdest story of the day. SolarWorld (SWV.F), one of the largest solar companies in Germany, today declared that they want to buy several sites in Germany that now belong to the Opel division of General Motors. In short, they want to expand from solar modules into the auto business. As noted in an AP story picked up by the Wall Street Journal, SolarWorld said it intends to o...
