Bond Investing News
Morgan Keegan Faces Losses from Bond Fund Arbitrations (Financial Planning.com)
It’s been a tough few weeks for Morgan Keegan. The Memphis-Tenn.-based brokerage unit of Regions Financial ( RF ) recently lost big in two arbitration cases and failed to get a court order blocking discovery in a state court case brought by the retirement system for Louisiana’s firefighters, which allegedly lost nearly $50 million by investing in Morgan Keegan bond funds.
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Treasury bond market at a glance (San Francisco Chronicle)
Key barometers in the Treasury market late Monday, compared with late Friday. Price changes in the 10-year note and 30-year bond are per $1,000 invested: 10-year bond -2.81 -6.56 30-year bond -6.25 -13.75 ___ Yield Pvs Session 1-month bill 0.10 0.09 3-month... United States Treasury security - Bond market - Business - Investing - Stocks and Bonds
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Treasury Bond Market at a Glance (ABC News)
Monday's Treasury bond market at a glance United States Treasury security - Bond - Business - Investing - Stocks and Bonds
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Iran to launch first euro bond phase on Wednesday (Reuters via Yahoo! Asia News)
TEHRAN, March 9 (Reuters) - Iran will launch on Wednesday the first instalment of a 1 billion euro bond offering to help fund development of its South Pars gas field, an official of lead manager Bank Mellat was quoted as saying on Tuesday.
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State Street Files for First International Corporate Bond ETF (Seeking Alpha via Yahoo! Finance)
Michael Johnston submits: State Street (NYSE: STT - News ) has filed for SEC approval on the Barclays Capital International Corporate Bond ETF , which could become the first U.S.-listed ETF to track the performance of the investment-grade corporate sector of the global bond market. The fund would seek to track the Barclays Capital Global Aggregate ex-USD >$1B: Corporate Bond Index, a benchmark ...
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