Bonds Calmed Down After Early Weakness 1 Hour, 37 Min ago Bonds Calmed Down After Early Weakness This week’s relevant economic data is concentrated over the Tue-Thu time frame with Wednesday’s CPI being the most obvious headliner. Today’s session offered little by way of new information but nonetheless provided some insight as … Read more
Government bond yields reverse earlier increases Some calm has returned to bond markets, with yields – or interest rates – reversing the rises seen earlier in the day. The yield on the 30-year UK government bond is now roughly flat at 5.41%, after rising by 6 basis points this morning to 5.472%, the highest since … Read more
Between December 2020 and May 2023, BMO sold $3-billion worth of mortgage-backed bonds. The SEC said BMO failed to “reasonably supervise its registered representatives” involved in the offer and sale of these bonds. (Credit: Peter J. Thompson/National Post files) A regulator in the United States has charged a unit of the Bank of Montreal (BMO) … Read more
Both stocks and bonds are selling off right now, a shift from their past relationship. Until the past few weeks, stocks continued to climb to records as bond prices fell. Recently the S&P 500 earnings yield fell below the 10-year Treasury yield to a degree not seen since 2002. It’s getting increasingly difficult to find … Read more
Ethan Peck, a shareholder of Meta, officially submits a proposal urging the social media company to consider adding Bitcoin to its treasury. Peck submitted the proposal on behalf of his family, which owns shares in Meta. Tim Kotzman, the CEO and founder of Jubilee Royalty, shared the development over the weekend on X. Meta Urged … Read more
“It’s a chance for the market to come to us and lay out what they think would be good and what would be a cost,” said John Bagley, the MSRB’s chief market structure officer. The Municipal Securities Rulemaking Board floated a “concept release” Monday that seeks market feedback on a potential initiative to collect pre-trade … Read more
Illustration of a molybdenum disulphide layer attached to a palladium layer via functional molecule. Credit: Ramiro Quirós Researchers have chemically linked 2D materials using a molecular “velcro,” resulting in a device with improved optoelectronic properties. The device, made of palladium nanosheets covalently bonded with MoS2, shows an enhanced optoelectronic response in the infrared thanks to … Read more
A high-end condominium building in Manhattan. Real estate sales above $2 million are subject to a transfer tax that will back bonds for the Metropolitan Transportation AuthorityBloomberg News The New York Metropolitan Transportation Authority is set to offer its first bonds backed by its real estate transfer tax. The tax, also known as the “mansion … Read more
Bitcoin‘s BTC/USD levered play MicroStrategy Inc MSTR could face the risk of redemption on its 0% convertible debt upon the occurrence of unforeseen events breaching the covenants governing these notes despite the bonds being an unsecured, senior obligation. What Happened: Bitcoin prices have dropped over 8.63% in the last one-month and it’s approximately 17% below … Read more
On December 30, 2024, the IRS and Treasury Department released final regulations regarding the reissuance analysis of tax-exempt bonds which finalize proposed regulations issued in 2018 (with some technical corrections). The final regulations are significant in that, firstly, they are intended to coordinate prior guidance in Notices 88-130 and 2008-41 regarding qualified tender bonds with … Read more