February 11, 2010
Dollars and Cents
This is a guest post by Paul from the Fiscal Geek.
It’s a story you’ve heard a million times before. You’re sitting in Economics 101 and you look out across campus to see thousands of invading forces parachuting onto the football field. You grab your laptop and jump into your buddies pickup truck to head to [...]
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February 11, 2010
Market Update
Concerns over Greek, and more recently, Portuguese government bonds once again dominated bond market headlines and led to underperformance of Investment-Grade Corporate, High-Yield, and Emerging Market Bonds. More broadly, worries of rising budget deficits among the peripheral European countries of Greece, Portugal, Spain, Ireland, and Italy led to additional fl ight-to-safety buying of US Treasuries [...]
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White House Punts on Fannie and Freddie
February 18, 2010 Bond CommentaryEarlier this month, the White House played the role of a NFL punter and punted the issue of what to do with Fannie Mae and Freddie Mac far downfield. In fact, maybe the next fi eld over. Bond investors had eagerly awaited details regarding the future of Fannie Mae and Freddie Mac, which together, stand [...]