Warren Buffett's offer to back the municipal bond portfolios of three monoline insurers has put some bounce into stocks today, and it's also waking up the credit markets. Buffett's offer to have his Berkshire Hathaway guarantee the $800 billion municipal bonds covered by three troubled insurers is giving a big boost of confidence to a market made anxious...
Treasury bond prices slid after billionaire investor Warren Buffett offered to take over some liabilities of bond insurers, easing a critical concern that has inspired flight-to-safety bond purchases.
Rally on strength in cyclicals, agricultural stocks, insurance and banks. Markets are up for a couple reasons this morning. Most importantly, there is a sense that efforts are being made to address the credit problems, whether it is:
Stock futures have rallied about 6 points, bond futures have declined as Warren Buffet appeared on CNBC saying he has offered to take over the muni bond insurance exposure from the big 3 bond insurers (MBIA, Ambak, and FGIC)--about $800 billion worth.
Treasury debt prices rose Monday as investors sought a safe haven for their assets in continued worries that a housing-led slowdown could be dragging the U.S. economy into recession.
Stock market bulls may be disappointed with the start to trading this week, but as one market underperforms there could be another reaping the rewards. If you need advice on where to put your money or adjust your portfolio then look no further.
Treasury debt prices rallied, recovering from their worst rout in four years as recession fears and worries about credit markets restored the allure of safe-haven government bonds.
Long bonds tumbled more than three full points on Thursday as selling accelerated following a poorly received auction of 30-year U.S. Treasurys.
Standard & Poor's is changing in the way it rates risk, implementing an overhaul that runs the gamut from governance procedures to public education to quell increasing scrutiny of the bond-rating firm's analytical integrity.
MBIA said on Wednesday it would raise $750 million by issuing new shares, as the largest U.S. bond insurer tries to boost its capital to retain the top credit ratings crucial for its business.
Treasury debt prices fell Wednesday as investors took profits from a rally that has pushed yields to four-year lows amid fears of a possible U.S. recession.
Treasury debt prices climbed Tuesday after data showed the all-important service sector contracted sharply last month, sending recession-wary investors into safe-harbor government bonds.
Fitch Ratings announced plans to toughen the way it rates $220 billion worth of corporate collateralised debt obligations (CDOs) following criticism that debt ratings played a role in creating the credit crisis.
Long-dated U.S. Treasury debt prices fell Monday as traders took profits ahead of new supply of government bonds this week, cashing in on a recent rally driven by fears of a U.S. recession.
Financials have taken a big hit related to subprime problems, but now it's looking like no firm is safe — the mortgage mess is having an impact on a number of other sectors.
I tried to break down how the bond insurer crisis could impact the whole economy. You wrote back (see the bottom for criticism that it is the "worst" article to date!) Retired insurance analyst Mike S.:"A bit simplistic, but generally on target. Good job."
Most Americans don’t know the difference between "monoline" and "mononucleosis." Suddenly we’re told the fate of capitalism rests on saving teetering monoline bond insurers from losing their AAA credit ratings. Today I report on how this all relates to you.
Efforts to help bail out troubled bond insurers are escalating, with one group of big banks focusing on a potential rescue of Ambac Financial Group, CNBC has learned.
U.S. government bond prices rose as recession fears mounted after news of the first labor market contraction in four and a half years.
Treasury debt prices were little changed Thursday, paring earlier gains as stocks climbed amid assurances from a bond insurer that it has enough cash to cover its near-term needs.