Better Off in Corporate Bonds
More info…
Many professional money managers recommend that nervous investors ease their way back into the markets through investment grade corporate bonds. U.S. Treasury bonds captured hundreds of billions of dollars last fall as skittish investors figured that at the least Uncle Sam was good for his debts. But with the 10-year Treasury bond yielding just 2.65 percent, some smart investors think there’s a much better deal out there now: lending to healthy U.S. companies by buying corporate bonds. Indeed, while investment-grade yields have receded a bit from their historic highs of last fall, they’re still attractive relative to Treasurys, experts say.
Behind the deals is a stark and scary reality. The financial crisis has spooked even the savviest investors. Fearing the economy will get worse, some go for safety even if the cost is minuscule yields on their money in government bonds. That means there’s more interest in selling than buying even quality corporate bonds, creating RSS feeds and Feed widget on Feedzilla.com
Senate Grills SEC Officials On Madoff
A multibillion-dollar pyramid scheme allegedly spawned by Bernard Madoff is being probed by a Senate panel that will question federal regulators responsible for inspecting investment firms and enforcing action against violations.
RSS widgets and RSS feeds on Feedzilla.com
Yahoo announces $303 million loss
Front Page: Termination costs among quarterly lapses — Yahoo launched the Carol Bartz era Tuesday by announcing a quarterly loss of $303 million due to termination costs and bad investments.
RSS news feeds and Widgets on Feedzilla.com
