America s Bond Market Blues

How Scary Is the Bond Market?

The US bond market agrees with me.

His creed became the ethos of a decade of corporate and financial sector excesses that ended in the late 1980 s collapse of the junk bond market and the Savings Loan crisis.

And the environment might be things like the stock market or the bond market or the commodities market.

Indeed, the bond market channel is unlikely to boost growth.

Surprisingly, the bond market still seems almost oblivious to this risk.

Bond market vigilantes already have taken aim at Greece, Spain, Portugal, the United Kingdom, Ireland, and Iceland, pushing government bond yields higher.

Medium term fiscal reform, for its part, will be pushed by bond market vigilantes.

Uh, Pearl's junk.

Junk public bonds are no safer for them than junk private bonds.

Those pieces of junk!

Throw that junk in.

Encouraging participation by foreign investors is a quick way to jump start local bond market activity.

China needs to build its municipal bond market to generate more sustainable funding for infrastructure projects.

Ever see so much junk?

You better get your junk

Enough of that assimilationist junk.

The bond market and share prices have responded to all of this bad news in a predictable fashion.

My name is Bond, Jamal Bond.

Ahoy, Mr. Bond! Ahoy, Mr. Bond!

Let's say they bond here, they bond here, and they bond here.

Less meat, less junk, more plants.

I'm really in the junk business.

A wagon full of women's junk!

More lead to write more junk.

Of course, the discipline of the market is not perfect the bond market does not see implicit future liabilities (like promised pension payments) to any great degree.

Governments and the bond market will test the seriousness of the newly agreed fiscal guidelines (if they are ratified).

Bond

But back to animals and junk food.

Stars, satellites, blinking airplanes typical sky junk.

You've gone mad, Fefè. It's all junk!

Creates a bond, creates a bond of respect.

The solution suggested by the Governor was to borrow about 400 million on the bond market to offset the deficit.

We see ever growing support for the proposal to develop an Asian bond market, which I put forth in 2001.

Economists like to subtract the nominal government bond yield from the inflation indexed bond yield of the same maturity to get a market estimate of the inflation rate from now to that maturity date.

As the bond market begins, finally, to price in greater relative risk in euro zone sovereigns, the intellectual underpinnings of the idea of a global division between emerging market and developed market bonds will be fundamentally tested.

The Asian bond market and Asian bonds are thus mechanisms for financing for development that also promote greater regional economic stability.

Think of it as the ultimate junk shot.

It's all because of that piece of junk

I know, but why print all that junk?

You clinking, clanking, clattering collection of caliginous junk!

What are we worryin' about this junk for?

Amazing how much junk gets in these things.

Tecla, cultured pearls, costume junk. Opens at 10.