We last analyzed the bond market view of American Express Company (AXP) on August 8, 2013. In this note, we use the bond market...
CONNECT ME
Forward 15 Year Fixed Rate Mortgage Yields Projected at 5.63% in 2024, Up 0.06% This Week
Kamakura Corporation projections for U.S. Treasuries and fixed rate mortgages this week show that the implied forward rates for...
Kinder Morgan Energy Partners, L.P: Arbitraging Investors Who Believe Ratings
In this note we analyze the current levels and past history of default probabilities for Kinder Morgan Energy Partners, L.P....
Bank of America Corporation: Default Probabilities and Relative Value Update
Bank of America Corporation (BAC) was the most heavily traded corporate name in the U.S. fixed rate bond market on June 10. Bank...
J. C. Penney Bonds: An Investment or a Lottery Ticket?
We last analyzed J. C. Penney Company, Inc. (JCP) in August, 2013. In this note, we take another look at J. C. Penney Company,...
Wells Fargo & Company: Credit-adjusted Dividends and Bond Risk and Return
In this note we re-analyze the current levels and past history of default probabilities forWells Fargo & Company (WFC)...
Forward Fixed Rate Mortgage Yields Up 0.05% in 2024 versus Last Week as Wider Spreads Offset Fall in Treasury Yields
Summary Implied forward 15 year fixed rate mortgage rates in 2024 were up 0.05% from last week's projections. The 15 year fixed...
Bank of Nova Scotia Bonds: Extraordinary Value and Safety
Bank of Nova Scotia (BNS), founded in 1832, is the third largest bank in Canada. Investors in North American financial...
Telefonica, S.A.: A Bond Market View
Telefonica, S.A. (TEF) is currently bidding 8.6 billion Euros for the German unit of Koninklijke KPN N.V. (KKPNY). The Spanish...
BP PLC: A New View from the Bond Market
As we noted in our November 6, 2013 update on BP PLC (BP), its subsidiary BP Capital Markets PLC is one of the most heavily...
Forward T-bill Rates Show Sharp Twist, with Projected 10 Year Yields Up 0.05% in 2024 from Last Week
Projected one month Treasury bill rates showed a sharp twist this week, with rates in 2019 down by as much as 0.15% and rates in...
Toyota Motor Corporation, Measuring the Cost of Brand Name Bonds With Zero Coupon Credit Spreads
Toyota Motor Corporation (TM) (7203) ranks 14th on the Forbes list of the world’s best brands, ranking second among automakers...