Word: downes
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Dates: during 2000-2009
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In your letter to fans you said you'd "protect" the work. What was it like dealing with the author, Stephenie Meyer? We had a long talk on the phone before she gave the green light. In my corner was the fact that she really liked About a Boy. But...
Many credit BABs with reviving the muni-bond sector. Since the program was announced in mid-February, muni-bond interest rates, which are what local governments have to pay to borrow, have fallen dramatically. The typical municipality is now paying 3.7% when they issue a bond, down from as high...
The higher yields of BABs have made muni bonds more attractive to pension funds and other nonprofit (i.e., tax-free) investors. And that new demand is driving down the yields on traditional muni bonds because there are relatively fewer of them issued. BABs, unlike traditional munis, are taxable. For most...
It's likely however the program won't cost nearly that much. First of all, some of the people buying BABs are individuals, who will owe taxes, though not all of them are in the highest tax bracket. What's more, BABs are bringing down the yields of all muni...
For now, China's policymakers are indicating that pro-growth policies will stay in place. Economists don't expect the central bank to hike interest rates until next year. Instead, analysts think the government will try to avoid a real estate bubble by implementing sector-specific measures in the coming...