-
Bill Gross, the world’s largest fixed-income manager, says the bull market for bonds may have ended last month. Investors are staying put.
-
In a rare act of fiscal responsibility, the California Assembly voted 73-0 earlier this month to place stricter limits on a high-yield, long-term bond that was used primarily by desperate local school districts.
-
Texas lawmakers are joining the push to curb municipal bonds that push off debt payments for as long as 40 years on loans for public schools built to handle surging enrollment.
-
California’s Assembly passed limits on long-term bonds that have saddled school districts with debt of as much as 10 times the principal after financing new classrooms in years of slumping property values.
-
Bahrain-based International Investment Bank plans to sell the stake it acquired in Leeds United last week once the value of the three-time English soccer champion rises, its chief executive officer said.
-
A California school district is shouldering $1 billion in interest on a $105 million bond in a deal intended to defer most of the payments for 35 to 40 years.
-
Leveraged loans are delivering the smallest returns at the start of a year since 2008 as the Federal Reserve and other regulators warn that the $561 billion market may have become too frothy.
-
California Treasurer Bill Lockyer will push for limits on bonds that have saddled school districts with debt payments as much as 10 times the principal and seek to ban those maturing more than 25 years in the future, a spokesman said.
-
Algonquin Power & Utilities Corp., the most acquisitive utility in North America, is rewarding investors with the best total return among its Canadian peers.
-
Thermon Industries Inc., the maker of heating systems for petroleum and chemical processing, is marketing debt as middle-graded high-yield, high-risk bonds underperform.
Rate this Page