The stock markets took a tumble this past week on a bevy of poor economic reports, news that retail sales slumped for the sixth straight month, and deteriorating credit quality and record losses in the financial sector.
According to Briefing.com, for the week, the DOW ended down 3.7% at 8281, the NASDAQ down 2.7% at 1529 [...]
Category Archives: Bond Market
Stock Market Volatility
November I-Bond Rates
The Treasury Department raised the fixed rate on their Series I Savings Bond from May 2008’s unprecedented ZERO percent fixed rate to a more enticing rate of 0.70%. Combined with the new inflation rate of 4.92%, November 2008’s I Bond total earnings rate is now 5.64%.
According to TreasuryDirect:
The earnings rate for Series I Savings Bonds [...]
High Yield, HighTailed
With all of the flight to quality lately, the phrase “junk bond” doesn’t conjure up any warm and fuzzy feelings. As a matter of fact, it does just the opposite. The junk bond (high yield) sector has been hit hard this past month, and investors have been “hightailing it” in droves.
I watch The Vanguard Group’s, [...]
I.O.U.S.A. the Movie
Wake up, America! We’re on the brink of a financial meltdown.
Got your attention yet?
That’s the outlook for supporters of the soon-to-be released documentary entitled: I.O.U.S.A.: One Nation. Under Stress. In Debt., which centers on the shape and impact of the United States national debt.
As described on their website, this documentary boldly examines the rapidly growing [...]
May 2009 I-Bond Rates
Some pretty poor news about the new I-Bond rates for May, 2009. The combined interest rate return from now through October is zero percent!
According to TreasuryDirect:
I Bond Earnings Rate 0.00%, Fixed Rate 0.10%
The earnings rate for Series I Savings Bonds is a combination of a fixed rate, which applies for the life of the bond, [...]