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It was back to business in the U.S. after the July 4 holiday, which fell on a Thursday this year and made for a much needed four day weekend. The bond markets had a lot to look forward to this week as the Treasury auctioned a total of $66 billion of issuance in three, 10,…
The index is up 0.42% month-to-date. Here is a performance review of the top & bottom 10 issues within the index. Top 10 Issues May has been a good month for MBIA so far. The insurer settled a 2008 legal dispute with Bank of America concerning bad mortgage debt. The $1.7 billion settlement later led…
