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For more than 25 years, California municipalities and developers have successfully partnered to finance public infrastructure and services using the Mello-Roos Community Facilities Act of 1982 (the "Mello-Roos Act"). Under the Mello-Roos Act, local agencies can form community facilities districts ("CFDs") in which special taxes may be levied by the CFD (i) to finance directly the authorized ...
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July 9 (Bloomberg) -- Asia-Pacific governments may sell inflation-linked bonds for the first time since Lehman Brothers Holdings Inc.’s collapse as improving economies threaten to boost the price of goods and services, analysts and traders said.
July 8 (Bloomberg) -- Treasuries surged as investors seeking refuge from an economy whose recovery may take longer than expected submitted the most bids on record at today’s $19 billion auction of 10-year notes.
July 8 (Bloomberg) -- Treasuries rose as investors seeking a refuge amid concern the economic recovery may take longer than anticipated led to higher-than-forecast demand at today’s auction of $19 billion of 10-year notes.
July 8 (Bloomberg) -- Treasuries rose as the U.S. sold $19 billion of 10-year notes and investors sought a refuge in government debt amid concern an economic recovery may take longer than anticipated.
July 8 (Bloomberg) -- Treasuries gained, with yields on 10- year notes near the lowest in over six weeks, as investors debated whether the worst recession in 50 years has further to run and the U.S. readied the third of this week’s four auctions.
Treasury prices jump, pushing 10-year yields to the lowest in about seven weeks, after the U.S. government garnered record demand for $19 billion in the benchmark securities, the third of four major auctions this week.
MUMBAI, July 7 (Reuters) - Indian overnight indexed swaps eased on Wednesday, tracking lower bond yields, but traders said expectations of an economic recovery and higher borrowing by the government prevented a steeper fall.
By Vidya Ranganathan
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