Tag Archives: federal reserve

U.S. Bonds Cheapest Since 1990

U.S. Bonds Cheapest Since ’90 Versus Bunds Counter Buffett

By Cordell Eddings

The longest decline in Treasuries this year has left U.S. government debt the cheapest since March 2011 when measured by real yields and the best relative value compared with German bunds in more than two decades.

After inflation, 10-year U.S. notes yielded 0.91 percent last week, or 1.77 percentage points more than real yields on U.K. gilts, the widest spread in 25 months. Versus Germany, the securities are the least costly in 23 years when adjusted for the recent record-low interest rates around the world that distorted the normal relationship, according to FTN Financial.

Federal Reserve Chairman Ben S. Bernanke is counting on Treasuries to contain borrowing costs as the central bank buys $85 billion a month in securities to sustain the economic recovery that lifted U.S. consumer confidence to the highest in almost six years. The better relative yield for U.S. bonds may help bolster demand even as Warren Buffett said this month that he pitied fixed-income investors because of about record-low interest rates.

Read more » Bloomberg
http://www.bloomberg.com/news/2013-05-19/u-s-bonds-cheapest-since-90-versus-bunds-counter-buffett-pity.html

Conspiracy Theories Are Clear and Present Danger for Pakistan

Courtesy: NewPakistan, Dec. 14, 2009

Gul Bukhari’s column in today’s Dawn makes a near-perfect case for why the conspiracy theory media is a clear and present danger to Pakistan. Bukhari points out that there are certain media personalities like Nadeem Paracha and Fasi Zaka who are countering this conspiracy trend. There are also a growing number of reasoned voices in the blogs who are speaking out against such conspiracies like the blogs Chagatai Khan, Pak Tea House, Pakistan Media Watch, and Agha Haider Raza among others.

Hopefully more voices will be rising up to counter the conspiracy theory media and to show clearly to the media companies that we want honest and objective journalism, not conspiracies. Our nation depends on it.

To read more, click here