Skip to: Content
Skip to: Site Navigation
Skip to: Search

October 10, 2008 9:44:48 PM CDT

Learn about Newser Points »

Stories related to: bonds

Stories

4 Stories

  • August 2008

    • UBS Agrees to $19.4B Auction-Rate Bond Buy-Back

      Boston Globe  |  Aug 8, 08 10:56 AM CDT

      UBS Agrees to $19.4B Auction-Rate Bond Buy-Back

      (Newser) - UBS, pressured by state and federal authorities, has agreed to buy back $19.4 billion in risky auction-rate securities that were widely sold as cash-like and safe, the Boston Globe reports. The market for the securities, which are a type of bond sold by non-profits, art institutions and local governments, collapsed in February. The Swiss bank will also pay $150 milion in fines, split between New York and Massachusetts. More »

      Tags

      Citigroup  • Merrill Lynch  • UBS  • investment bank  • auction-rate securities  • bonds

  • November 2007

    • Municipalities Feel Credit Market Pain

      Washington Post  |  Nov 29, 07 12:58 PM CST

      Municipalities Feel Credit Market Pain

      (Newser) - Cities, towns, and schools are learning what would-be homeowners already know: the credit market stinks. Municipalities have grown addicted to financing projects with extremely low-interest bonds, but such cheap credit is hard to come by as bond insurers swing in the subprime wind, the Washington Post reports. Local governments either have to scrap projects, or pass fat interest costs to taxpayers. More »

      Tags

      credit crisis  • subprime mortgages  • credit market  • municipal bonds  • bonds

  • August 2007
  • June 2007

    • Dow Falls as Bond Yields Soar

      Wall Street Journal  |  Jun 13, 07 7:13 AM CDT

      Dow Falls as Bond Yields Soar

      (Newser) - US bond yields have hit a five year high—bringing the threat of higher interest rates, costlier home mortgages and a slowing economy, the Wall Street Journal reports. The benchmark 10-year Treasury note rose to 5.25 per cent yesterday. Rising bond yields echo throughout the economy, making stocks less attractive to investors. More »

      Tags

      Dow Jones  • US economy  • stocks  • money  • finance  • trade  • bonds

4 Stories

Today's Most Popular

Loading...

Premium Articles from HighBeam

Find more articles like this

What is Newser?

2008 Codie Finalist

Newser gives you more news in less time. We search for the best and most important stories all over the web, read them for you, and deliver concise and sharp summaries—along with links to the full text. Newser provides a way to stay on top of an ever-expanding horizon of news and opinion—politics, sports, business, trends, technology, personalities, crimes, and controversies. Newser keeps you not just better informed, but, with our signature graphic interface and smart condensed format, more enjoyably informed.

Learn more »