Fox Lake Towing and Recovery

As small investors flee the low returns of Treasury bonds, many have piled into high-yield debt — also known as junk bonds. Problem is, as one pro puts it: “The trade when you could buy anything and make money ended six months ago.” Investors need to be far pickier now.

Continue reading The Junk-Bond Market’s Best Days May Be Behind It

The Junk-Bond Market’s Best Days May Be Behind It originally appeared on DailyFinance on Tue, 15 Feb 2011 11:00:00.

Filed Under: Columns, Investing, Investing Basics, Market News

The SEC subpoenaed several former in-house brokers as part of an investigation of Citigroup (C) debt funds.

The funds in question borrowed heavily and invested in mortgage bonds and municipal bonds, The Wall Street Journal said without naming its sources. The funds’ value slumped by as much as 77% during the financial crisis, leading Citigroup to offer share buybacks that would reduce investor…

Continue reading SEC Probes Citigroup Bond Funds

SEC Probes Citigroup Bond Funds originally appeared on DailyFinance on Mon, 08 Nov 2010 07:19:00.

Filed Under: Company News, Citigroup, Market News

China’s holdings of U.S. Treasury bonds are so huge that they’d be a financial “weapon of mass destruction” if Beijing were dump them all quickly. But a closer look at the data and some recent trends suggests that China’s power in this regard is overrated.

Continue reading Treasury Bonds: Why China’s ‘Nuclear Option’ Isn’t So Scary

Treasury Bonds: Why China’s ‘Nuclear Option’ Isn’t So Scary originally appeared on DailyFinance on Mon, 04 Oct 2010 11:00:00.

Filed Under: Columns, Economy, Investing, Credit, Currency

China’s holdings of U.S. Treasury bonds are so huge that they’d be a financial “weapon of mass destruction” if Beijing were dump them all quickly. But a closer look at the data and some recent trends suggests that China’s power in this regard is overrated.

Continue reading Treasury Bonds: Why China’s ‘Nuclear Option’ Isn’t So Scary

Treasury Bonds: Why China’s ‘Nuclear Option’ Isn’t So Scary originally appeared on DailyFinance on Sun, 03 Oct 2010 10:00:00.

Filed Under: Columns, Economy, Investing, Credit, Currency

China’s holdings of U.S. Treasury bonds are so huge that they’d be a financial “weapon of mass destruction” if Beijing were dump them all quickly. But a closer look at the data and some recent trends suggests that China’s power in this regard is overrated.

Continue reading Treasury Bonds: Why China’s ‘Nuclear Option’ Isn’t So Scary

Treasury Bonds: Why China’s ‘Nuclear Option’ Isn’t So Scary originally appeared on DailyFinance on Sun, 03 Oct 2010 10:00:00.

Filed Under: Columns, Economy, Investing, Credit, Currency