February 21, 2009 |
Until last year, many Americans may have figured they had a good idea of what constituted a truly risky investment or financial strategy. Then came the collapse of housing prices, the hemorrhaging of the global banking system and the worst stock market crash since the 1930s. We thought we knew something about risk. We didn't know nearly enough. We thought we knew the difference between investing and speculating. Now, every money decision just feels like a spin of the roulette wheel.
September 30, 2013 |
The Chinese red-headed centipede is one of those creepy-crawlies you might run from. But its venom appears to hold potentially powerful medicine against pain, a group of researchers in Australia and China has found. Properly distilled and purified, the arthropod's venom proved a more potent analgesic in mice than morphine, and at doses 10 time higher than those used, appeared to have no physiological side effects such as changes in heart rate or blood pressure. That makes the colorful centipede's venom more promising as a painkiller than certain spider venoms, which operate on the same mechanism but which also affected heart function, muscles and nerves in ways that made the venoms fatal to rats.
June 12, 2009 |
The latest sell-off in Treasury bonds may have peaked as a steep jump in yields finally has lured buyers off the sidelines. That could end the upward pressure on mortgage rates, at least for the time being. Bonds rallied Thursday, driving interest rates lower, after the Treasury sold $11 billion in 30-year securities at a yield of 4.72% -- the highest auction rate in nearly two years but well below the 4.8% predicted by bond dealers in a survey by Bloomberg News.
December 14, 1994 |
Optimism on Tuesday that the Federal Reserve Board will win the war against inflation caused yields on some longer-term Treasury securities to move lower than the yields on securities with shorter maturities. The yield on the Treasury's five-year note closed at 7.83%, compared to 7.82% for the Treasury's 10-year issue. Such an inversion last occurred in September, 1989, said Hugh Johnson, chief investment officer at First Albany Corp.
March 16, 2011 |
A small-scale gene therapy trial conducted at seven U.S. medical centers has found that a single infusion of a specialized gene, piggybacked onto a virus and fed directly into the brain, can safely lessen the severity of symptoms and improve response to medication in patients with advanced Parkinson's page NIH" href="http://www.ncbi.nlm.nih.gov/pubmedhealth/PMH0001762/" target="_blank"> Parkinson's disease . The clinical trial --...
February 25, 1986 |
Human remains and personal effects have been found by a U.S.-Laotian team excavating the wreckage of an American warplane shot down in 1972 during the Vietnam War, a U.S. military spokesman said Monday. The discoveries came in the early stages of the excavation in the southern Laos province of Savannakhet, which borders Thailand.
December 13, 1994 |
Municipal bond yields inched up Monday amid lingering concern about Orange County's bankruptcy filing and a rebound in yields on U.S. Treasury securities. "I still think people are afraid there will be another Orange County," said Paul Hylle, who manages about $1.6 billion in funds at IDS Financial Services. Muni yields both in and outside California jumped last week as some investors bailed out of bonds. The market had calmed Friday, but many analysts said investors remain uneasy.
May 27, 2011 |
The spring rush to buy U.S. Treasury bonds is turning into a stampede as continued weak economic data push more investors into haven-seeking mode. The yield on the 10-year Treasury note slid below 3.1% on Thursday for the first time since early December after the government's revised report on first-quarter economic growth came in softer than expected — more evidence of the recovery's loss of momentum this year. The 10-year T-note yield, a benchmark for mortgage rates, dropped to 3.06% from 3.13% on Wednesday.
February 4, 1988 |
Yields on 10-year Treasury notes fell in Wednesday's auction to the lowest level in a year as the government completed the second of three major debt auctions this week. The average yield was 8.21%, down from 8.88% at the last quarterly auction on Nov. 4. It was the lowest rate since 10-year notes averaged 7.25% on Feb. 4, 1987. The notes will carry a coupon rate of 8.125%, with each $10,000 in face value selling for $9,942.70.
November 10, 1992 |
Yields on three-year Treasury notes rose in Monday's auction to the highest level in six months as the government began its $37-billion quarterly refunding. The average yield was 5.17%, up from 4.69% at the last auction Aug. 11. It was the highest rate since three-year notes averaged 5.96% on May 5. The notes will carry a coupon interest rate of 5.125%, with each $10,000 in face value selling for $9,987.70. A total of $15.56 billion in notes was sold out of bids totaling $36.12 billion.