Jesse's Café Américain

Behind the concrete, the visible events, behind all the objective, logical considerations, we find the struggle against evil, against the servants of the antichrist. Everywhere and always demonic powers lurk in the dark, waiting for the moment when man is weak. When he yields to the forces of evil, he separates himself from the power of a higher order; after taking the first step, he is driven on and on to the next and to the next, at a furiously accelerating rate.
Die Weiße Rose, 1942

Showing posts with label Corporate Bonds. Show all posts
Showing posts with label Corporate Bonds. Show all posts
03 February 2009

Life Insurance Companies Braced for Heavy Losses

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The easy times, the extended bull market in equities and corporate profits, with a disinflation and an easy money policy, created a lot of v...
13 January 2009

Corporate and US Treasury Yields from 1926 to 1934

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The Bonds held up much better than one might have expected, and the spreads between corporates and longer dated Treasuries was remarkably un...
17 December 2008

Deutsche Bank Surprises Bond Markets By Failing to Redeem its Bonds

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It really doesn't seem all that bad to us, compared with the US banking tradition of throwing yourself on the doorstep of the New York F...
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