Word: bondses
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From a global perspective, the trading in bonds for developing countries that might default on their debt, nations such as Ireland and Ukraine, need to stop changing hands at distressed levels. If the bets on these nations being able to shoulder that own national financial obligations improve, it is a...
As Kim bonds to his new community, his old colleagues caution that the initiative he started in Cambridge must be continued.
About the only positive performance today came from Treasury bonds and notes, as investors scurried to the safety of government securities, and the VIX, the volatility index traded on the Chicago Board of Trade, which rose 11% on the day.
Poland's zloty has dropped 29% against the euro in the past six months, the Hungarian forint by 20%, the Romanian Ieu 17% and the Czech koruna 12%. Latvia has now followed Romania in seeing its government bonds labeled as junk by Standard & Poor's rating agency. (Its government was...
Back in their home country, the Americans are finding that kidnappings can be almost as hard on family members as hostages. Stansell has reunited with his Colombian girlfriend who gave birth to their twins while he was held hostage. But Gonsalves and Howes are going through divorce proceedings. ("The nightmares...