Archive for August, 2009

Bond Market Open August 17 2009

Monday, August 17th, 2009

Prices of Treasury coupon securities are surging as equity market around the world crater in a response to an collective epiphany regarding the sustainability and strength of the putative recovery. In Japan GDP increased at annualized rate of 3.7 percent in Q2 following an outsized contraction of 11.7 percent in Q1. ...

Blogging Again

Monday, August 17th, 2009

I am back after spending time with my daughter,granddaughter and son in law late last week. It is difficult to serve two masters and consequently blogging took a back seat.As I peruse the news it looks as though we could be in for a bumpy ride as stocks are taking ...

Administrative Note

Friday, August 14th, 2009

Regular blogging will resume on Monday. My apologies for missing a couple of interesting days but I was spending quality time with family. Enjoy the weekend and see you Monday.

New Issue Corporate Open

Friday, August 14th, 2009

LAST:     8/13 OPEN:   PRICED: GE     3½  8/12    185/180   178/173      +180 VS T3  7/12 RABOBK 2.65 8/12     97/92     95/90       +92  VS T3  7/12 CS     5.3  8/19    167/162   160/155      +155 VS T10 5/19 C      6⅜  8/14    385/380   375/370      +380 VS T5 GE     6    8/19    230/225   225/220      ...

Bond Market Open August 14 2009

Friday, August 14th, 2009

Prices of Treasury coupon securities have  posted modest gains in overnight trading. The yield on the 2 year note has declined a basis point to 1.08 percent. The yield on the 3 year note edged lower by a basis point to 1.65 percent. The yield on the 5 year note ...

Trade

Thursday, August 13th, 2009

I placed a stop loss at $ 51.75 on my TBT  and got stopped out on 1500 shares. My cost had been $51.08.

Blogging

Thursday, August 13th, 2009

Family responsibilities will make me quite sporadic today and tomorrow.

Thursday, August 13th, 2009

Libor sets at 0.44 today versus 0.44969 yesterday.

Bond Market Open August 13 2009

Thursday, August 13th, 2009

Prices of Treasury coupon securities are virtually unchanged in overnight trading. The yield on the 7year note is a basis point higher at 3.34 percent. The yield on the 10 year note is also a basis point higher at 3.72 percent. The remaining benchmark issues are unchanged. The 2 year note yields ...

No Closing Post Today

Wednesday, August 12th, 2009

Family duties will keep me busy for the remainder of the afternoon so there will be no closing post.