Bonds

Gloom for US junk bonds

The US high yield bond default rate will rise to between 14 percent and 16 percent, comparable to the rate during the Great Depression.

Govt mulls local govt bank

BY ADRIAN CHANG - © Fairfax NZ News

Smiles and frowns montage The Government says it is considering creating a local body "bond bank" which would help finance up to $30 billion in planned infrastructure costs over the next decade.

US sweetens bonds to draw buyers

Reuters

Investors sent a clear signal to the US government. Pay up.

Soup or bonds?

Reuters

Is Campbell's Soup a better bet than US government debt?

Govt to sell more bonds

The Government will sell a record amount of bonds to fund its deficit next year but the amount is less than some market commentators predicted.

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