Tag:
Basis Points
Latest Headlines
Latest Headlines
More on hedge fund-like mutual funds
We've noted before that the mutual fund and hedge fund industries are converging at the margins. The entire 130/30 movement and the passive hedge fund index movement can be interpreted as the mutual funds industry trying to cash in on the appeal of hedge funds.
AllAboutAlpha.com takes an i
Citi CDSs soaring, as stock plunges
All top banks seem to be in trouble, but the markets seem to think Citi is by far the bank most likely to default on its bonds. As its woes continue to mount, Citigroup's credit default swaps spreads widened to a record 580 basis points, reports Reuters . The swaps had traded at 491 basis point
Rethinking risk-free Treasuries
It has long been an article of faith that the only risk-free investment was Treasury securities. The 30-year (or 10-year) was the risk-free rate against which all other yields were compared. But the credit crisis has dented that faith. Reuters notes that cost of insurance against Treasury debt
