Investments
Housing recovery fuels investor appetite for looming junk bond deal
What started off as a quiet list that was supposed to be sent to a couple dealers has now spread like wild fire around bond investors. A forthcoming, massive collateralized debt obligations deal is being offered in a large $8.7 billion list comprised of five all-or-none packages. The bonds are... Read More

Featured News

FOMC shows willingness to taper asset purchases
The most recent Federal Open Market Committee minutes from the Federal Reserve shows a number of participants expressed a willingness to begin reducing quantitative easing by June as long as the underlying economic data... Read More
Bernanke forewarns against hitting the brakes too early
The economy is on sturdier footing than a year ago, but Ben Bernanke, chairman of the Federal Reserve, is trying to avoid squashing the current recovery. The Federal Open Market Committee has made it clear that it is... Read More
Existing-home sales remain below underlying demand
After falling in March, existing-home sales increased in April, although they were still not enough to meet underlying demand due to limited inventory and tight credit, reports the National Association of Realtors. All... Read More