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Topic of the Day: Bonds
After a huge rally in Treasurys earlier this year, the risk/reward has become unappealing despite the safe haven status. Corporate bonds are benefitting from the risk on trade. Both areas have risks.
- Treasurys Can Be Painful, as History Shows – WSJ.com
- Bond Markets Get Riskier – WSJ.com
- Pimco Buys Bank Debt as Default Protection Costs Slump – Bloomberg
- FT.com / Capital Markets – Junk bond prices hit pre-crisis levels
The Usual Fare
- Munger Says `Thank God’ U.S. Opted for Bailouts Over Handouts – Bloomberg
- German recovery to slow significantly this yr- finmin
- AHEAD OF THE TAPE: Why Silver Has a New Luster – WSJ.com
- The economic benefits of inflation : The New Yorker
- Las entidades contratan detectives para perseguir a clientes morosos,Empresas, expansion.com
- FT.com / Europe – ECB considers action on "addicted" banks
- Wall Street’s Engines of Profit Are Slowing Down – NYTimes.com
- Australia’s housing riddle: expert says no bubble, but prices more than 24% overvalued | SmartCompany
- Deleveraging with a twist | Steve Keen’s Debtwatch
- Older Unemployed Struggle to Rejoin the Work Force – NYTimes.com
- Colin Powell critical of President Obama – Carrie Budoff Brown – POLITICO.com
- Le Figaro – International : L’extrême-droite fait son entrée au parlement suédois
- FT.com / Comment / Opinion – Outside Edge: When pigs flew and bears fled
- Swedish elections: The impact of immigration | World news | The Guardian
- Not auf dem Jobmarkt: Deutschland gehen die Arbeitskräfte aus – SPIEGEL ONLINE – Nachrichten – Wirtschaft
- Bill Clinton Says Global Initiative Will Aid U.S. Unemployed
Other Topics
- Why exercise won’t make you thin | Life and style | The Observer
- Spate of Lawsuits Over ‘Cookies’ Shows User Discomfort With Latest Innovations in Online-Tracking Technology – WSJ.com
- Why Net Neutrality Needs to Be Extended to Mobile Platforms
- Intel wants to charge $50 to unlock stuff your CPU can already do — Engadget