By Nick Godt Treasurys rallied on Monday, sending benchmark yields to their lowest levels in more than 30 years, as economic data, including a slide in U.S. manufacturing, further fueled concerns over a global recession, lifting demand for the safe-haven of fixed-income assets.
Many municipalities potentially face higher funding costs and less access to credit.
Dan Fuss sees some great buys in high quality corporate bonds.
Some fixed-income investments can earn you as much as 10%.
Spreads on the unsecured debt point to disaster for GM's finance arm.
Buying bonds calls for some sleuthing beyond agencies' marks.
Many munis are battered -- but hardly broken. Patience will pay.
Junk Bonds look like treasures in the trash heap. Got the stomach for them?
Global bond funds can diversify portfolios, decrease fixed-income risk.
Yields are climbing as banks try to attract savers' cash to shore up balance sheets.
Bond investors should worry if Congress keeps promoting home ownership.
| Time | Report | Estimate | Actual |
|---|---|---|---|
| 10:00 AM | Construction Spending | -1.0% | -1.2% |
| 10:00 AM | ISM Index | 37.0 | 36.2 |
| Bond | Current | Previous | Change | Change % | *Prices as of 12/1/2008 12:50 PM. Source: S&P Comstock |
|---|---|---|---|---|
| 3 Month Bill | 0.01 | 0.03 | -0.02 | -66.67 |
| 6 Month Bill | 0.30 | 0.41 | -0.11 | -26.83 |
| 2 Year Note | 0.91 | 0.99 | -0.08 | -8.08 |
| 5 Year Note | 1.79 | 1.92 | -0.13 | -6.77 |
| 10 Year Note | 2.81 | 2.92 | -0.11 | -3.77 |
| 30 Year Bond | 3.32 | 3.48 | -0.16 | -4.60 |