Word: high-yield
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Calling the ABM move a political decision made to "deprive the Republicans of a defense issue," Lapp suggested that the U.S. should instead use its long-established deterrent policy to protect itself against possible ICBM attack by China in the 1970s. His proposal: a China Polaris patrol armed with high-yield nuclear weapons programmed to hit specific Chinese targets...
...money has inflated dramatically. Since 1964, the Treasury's three-month bill rate has climbed from 3.5% to a high of 4.6%, and the prime rate for top corporate borrowers has soared from 4% to a record 51% . By leaning too hard on monetary policy and taking it easy on tax policy, the Government has further distended and unbalanced the economy. One result: many investors have shifted their money out of stocks and into high-yield bonds...
...which is as good as an 8% stock dividend return to an investor in a high-tax bracket. The current struggle in Wall Street's market is not between bulls and bears, but between stocks and bonds. Calling some important turns are the faceless but formidable institutions-mutual funds, pension and profit-sharing funds, insurance companies and banks -which account for about 31% of all trading on the major exchanges. Now they are socking more and more of their millions into the high-yield, no-risk bonds. In the past four months, Pittsburgh's Federated Growth Fund...
...publish regular and reliable financial statements, and cuts dividend taxes to 25% . Schooled in Scandal. Besides reform ing the chaotic stock market, the law will also rid Brazil by 1967 of its greatest source of recent financial scandals: the so-called parallel market, which deals in short-term, high-yield (up to 6% a month) promissory notes backed only by the reputation of the companies that issue them. Investors have snapped them up anyway, built the parallel market into a flourishing $250 million-a-year business that has supported much of the country's economic growth over the last...
...Permanent admissions staff and some of its outside reinforcements such adopts several geographical areas the country, visit from time to time in order to recruit or to talk with local Harvard Club officials. The average area assignment includes metropolitan and some rural , some "high-yield" and some "low-yield" parts of the country, entirely geographically . One staff-member, for example, New York City, southern California, the states of Minnesota and Washington, and northeastern Pennsylvania...