| Financial Structures
Benchmark Fannie Mae MBS yields added 2 bps to 5.99%, this week outperforming Treasuries. The spread on Fannie's 5% 2017 note narrowed 4 to 39, and the spread on Freddie's 5% 2017 note narrowed 3 to 39. The 10-year dollar swap spread was little changed at 62.75. Corporate bond spreads narrowed. The spread on a junk index ended the week 15 narrower . October 3 - Financial Times (Saskia Scholtes and Michael Mackenzie): "Companies are selling US high-grade bonds in record amounts, putting the market on track for its first $1,000bn year and suggesting better-rated issuers are finding ways around the credit squeeze. Analysts say the growing popularity of investment-grade bonds is a consequence of the difficulties companies are having to sell commercial paper - shorter-term, floating-rate debt...
Humiliation for Edwards
Two non-political people have now asked me out of the blue who Clinton's new girlfriend is. Three and it's a Trend. ... P.S.: The ad links to a highly speculative (i.e. no evidence) but informative piece on Belinda Stronach. Most people probably don't click on it, and just absorb the salacious headline, giving the former president the presumption of guilt he has repeatedly earned. ... The Larger Point! There would seem to be potential for some highly efficient under-Radar Swift-boating here. Google probably reaches lots of voters who don't listen to conventional mass media, and the ads don't go away like yesterday's papers. ... If I were Hillary I'd be concerned about this new avenue of innuendo. ... 8:42 P.M. link Asymmetric: I would say Gawker clearly crossed the border to inflict damage, and now Burkle is threatening massive retaliation, but Gawker is not playing by conventional rules.
The schedule is from hell, but Presbyterian is loving life in D-I
CLINTON, S.C. -- One or two at a time, the 12 members of the Presbyterian College men's basketball team lugged multiple blue and black bags -- over their shoulders, under their arms, on wheels behind them -- out of the Templeton Center and onto the Champion Coach team bus. It was a few minutes before 4, Thursday afternoon, the final day of final exams for the fall semester. .
Movie tickets hit $10.00
People line up for tickets at the Cinemark Movies 10 in Newport, where $6.50 gets you into the matinees, $8.50 for evening shows and $9 Fridays and Saturdays. Seniors and children get into all shows for $6.25. (Buy photo) The News Journal/FRED COMEGYS .
ERIC WESTON: Surgery sidelines AHS bowler
This week has been a slow week because of Thanksgiving break. I have come up with a sad story about a young man who will be out of action for quite a while with season-ending surgery. Kyle Leathers, a senior at Anderson High School who started bowling years ago at East Side Lanes and now is a four-year veteran of the high school team, is having surgery this next week and will be out for a long time. In fact, he will be bedridden for several weeks. .
Oilers shocked by Lightning in Tampa
Martin St. Louis had a goal and two assists to give Tampa Bay a 4-3 win over the Edmonton Oilers that was the Lightning's third straight overall, renewing hope for a playoff bid despite their position at the bottom of the Eastern Conference standings. "I felt they needed to do that," Lightning coach John Tortorella said. "Not just look at your record, look where you're at in regards to everybody else. There are so many teams fighting the way we are." The Lightning built a 4-1 lead, but goals by Steve Staios and Ales Hemsky late in the third period turned up the heat. .
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