Word: spreads
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While the Treasury auction grabbed headlines, corporate bonds are doing equally amazing things: the average yield on lower-quality investment-grade corporate bonds - triple-B rated - is hovering around 10%, an unusually rich 7.5-percentage-point spread over Treasury bonds of similar maturity. (That spread has tripled over the past year.) Or consider junk bonds, as measured by Merrill Lynch's High Yield bond index, which yield a jaw-dropping 22%. Of course, junk bonds come from the riskiest borrowers, and a deep recession could drive up the default rate among those companies. But current lofty yields imply investor expectations...
...Nationwide team's findings sparked a frenzy on the Internet, with stories cropping up one after the other and chatter lighting up on blogs. But as the news spread, globally even, some mental-health professionals grew wary. Without discounting the severity of the problem - particularly among adolescent girls - some experts felt the headlines declaring self-embedding a new "disorder" went too far. Characterizing it as a disorder rather than a symptom of one may miss the mark, says Dr. John Campo, chief of child and adolescent psychiatry at Nationwide Children's and one of the specialists consulted by Shiels. "Young...
...concerns, ones that go beyond the copycat effect. Couldn't happy people simply be exposed to similar lifestyles or social factors that explain their shared joy, such as favorable weather, low unemployment rates or a winning baseball team? If that were the case, argue the authors, then happiness would spread more uniformly among all the relationships; instead, it varied depending on whether the friendship was mutual or merely one-sided. As the investigators teased out these factors, they found that environment didn't have nearly the power that relationships...
...that will help people live healthier," says Richard Suzman, director of the division of behavioral and social research at the National Institute on Aging. "Without a doubt, I see this as a very promising area." And with the health community a web like any other, expect that idea to spread further and further...
...mentioned digitizing Harvard’s library and increasing student travel opportunities as ways to spread the University’s educational resources...