T-Bill and Bond Yields Highlighted in Market Note
A brief market item notes yields for G-MO T-Bills at 119.95 and 30-year T-Bonds at 13 percent, with a 3.15 percent reference rate. The figures point to shifting demand and long-term borrowing costs.
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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Feb 23, 2013
Page
11
A brief market item notes yields for G-MO T-Bills at 119.95 and 30-year T-Bonds at 13 percent, with a 3.15 percent reference rate. The figures point to shifting demand and long-term borrowing costs.
Reader's Digest owner seeks debt relief for restructuring and debt reduction while continuing magazine publication. While Monsanto faces a seed patent case at the Supreme Court, OfficeMax and Office Depot discuss a potential merger. Farmland values rise despite drought and auctions show Iowa trends. CiCi's Pizza exits Cedar Rapids. An Egyptian firm plans a $1.4 billion Iowa fertilizer plant and finds artifacts. Iowa DOT proposals for a Springville intersection face strong public pushback.
Mira Winery of St. Helena California submerged four cases of cabernet sauvignon in yellow steel mesh cages offshore Charleston Harbor to study ocean impact on aging. After three months the wine will be tested and tasted by experts to assess differences from land aged wine.
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