Trader Talk
- Why Is Market So 'Tired' With Good News?
- What Exactly Have Greeks Agreed To?
- A Greek Deal, but What Is the Deal?
- No Greek Debt Deal? No Problem! (Maybe)
- Irish Finance Minister Causes Draghi's Worst Nightmare
- Caesars' Wild Open
- Forget the Incredible Shrinking Greek Politicians—It’s Draghi Time!
- Trading Day Has Lots of Moving Parts
- Overcoming Distrust Between the Germans and the Greeks
- Is Merkel Too Comfortable With Greek Default?
TRADER TALK RSS FEED
- New York Fashion Week Hits the Runway as Colors Pop
- Mulling Buffett's Stock Advice? Get in With REITs: Fund Managers
- LinkedIn Earnings Bode Well for Hiring and Social Media
- Top Five Mistakes to Avoid in Online Dating
- Victor Cruz ‘Understands’ Gisele's Super Bowl Frustrations
- Tamminen: The United States of India
- Unusual Volume: Taleo Jumps After Oracle's $1.9 Billion Offer
- Warren Buffett: Stocks Will Outperform Gold and Bonds .. and They're Safer 'By Far'
- So Now You Can’t Give Microsoft Away?
- Stocks Looking Past Europe for a New Driver of the Rally
- Israel Likely to Bomb Iran This Year: Political Analyst
- Greeks Strike Against Austerity, EU Demands More Cuts
- EU Agrees Rules for $700 Trillion Derivatives Market
- Citigroup Takes $50 Million Loss in Lending Rate Probe
- Barclays Warns May Miss Medium-Term Profit Goal
- Will Romney Regret Opposing Michigan Auto Bailout?
- In Europe, Stagnation as a Way of Life
- The Secret Lives of Traders—Seeking the Next Hot Thing
Corporate Issuance Continues at Torrid Pace
Text Size 
CNBC Reporter
Corporate bond market hot: what's up? While equity trading volumes have dried up in November, stock traders are talking about the avalanche of corporate bond issuance this month.
There's been something like $85 billion in new corporate debt issued this month, with $3.7 billion pricing overnight alone.
What's surprising is not just the size, it's how low the yields are.
Example: Boeing [BA
Loading...
()
] priced $1.2 billion in 3-year notes with a 1.875 percent coupon, only 60 basis points above the 3-year Treasury.
Barclay's [BCS
Loading...
()
] priced $2 billion in 3-year notes at 2.5 percent, a mere 120 basis points over comparable Treasuries.
And people are buying them. And many more.
What’s going on? Several observations from traders. It’s a sign: 1) of too much liquidity, 2) that many are still not comfortable putting money in riskier investments, like equities.
_____________________________
_____________________________
Questions? Comments?
- How much did the Facebook founder pay for other shareholders' voting rights? Not a heck of a lot, says the NY Times.
- Here’s a look at Westminster Kennel Club’s most successful breeds and how much they cost.
- The oft-mentioned jobs "miracle" in European economic powerhouse Germany has a dark side that's largely escaped comment.
- When looking for that next career move, workers need to look at the differences between a start-up and a public firm.
- After enduring the recession, many Baby Boomers say money isn’t the most important thing they hope to leave to their kids.
- The ‘Fast Money’ traders weigh in on fashion related stocks from apparel to footwear to accessories and fragrances.
- Why Is Market So 'Tired' With Good News?
- What Exactly Have Greeks Agreed To?
- A Greek Deal, but What Is the Deal?
- No Greek Debt Deal? No Problem! (Maybe)
- Irish Finance Minister Causes Draghi's Worst Nightmare
- Caesars' Wild Open
- Forget the Incredible Shrinking Greek Politicians—It’s Draghi Time!
- Trading Day Has Lots of Moving Parts
- Overcoming Distrust Between the Germans and the Greeks
- Is Merkel Too Comfortable With Greek Default?
Data is a real-time snapshot *Data is delayed at least 15 minutes
