Bond Portfolios Could Complicate Local Banks’ Finances
Silicon Valley Bank wasn’t the only lender active in Massachusetts that turned to bonds to manage deposit growth. What are their options, now?
Bonds, Haven for Elderly and Cautious, are Getting Torched
High-quality U.S. bonds have lost more than 10 percent so far this year, as of Monday, on pace for one of their worst years in history. The investors feeling it the most are the very ones who invest conservatively, favoring bonds instead of stocks in hopes of securing historically steady returns.
Wells Fargo Muni Bond Market Bombing
Wells Fargo is paying a price in the U.S. municipal bond market for the bogus customer accounts scandal that hit the bank last year and led to bans by some cities and states, an analysis of Thomson Reuters data shows.
MassDOT Eyes Diminishing Refinancing Savings As Rates Rise On Bonds
Moving to refinance bonds after the presidential election rather than before it has cost the Massachusetts Department of Transportation roughly $28 million in projected savings.
Bond Yields Sink As Central Banks Head For Easier Policy
The prospect of further cuts in interest rates and bond-buying to support a fractured global economy kept stock markets on the up in Europe and Asia on Friday, and drove U.S. and European government bond yields to their lowest in years.
