Yield-starved?
Yields on Ukrainian government bonds due 2023 rose to 8.38 percent as of 6:54 p.m. in Kiev from 8.27 percent yesterday, data compiled by Bloomberg show. Ukraine’s hryvnia weakened to 11.73 per dollar, compared with 11.68 yesterday.
Let's run up the prices some more here, according to CNN
Chinese buyers are now the biggest international players in the U.S. housing market and some states are seeing billions of dollars in real estate deals as a result.
More than half of the $22 billion Chinese buyers spent on U.S. homes during the 12 months ended in March was spent in California, Washington and New York, according to the National Association of Realtors.
Apparently no pig like a U.S. pig.
Pig farmers in the United States have continued to feed a controversial drug to their livestock, choosing production needs over human and animal health concerns, according to critics. The drug is ractopamine, which is given to 60% to 80% of all domestic pigs and cattle to make them grow leaner before slaughter. The Food and Drug Administration first approved it 15 years ago, claiming the drug was safe to use.
http://www.blacklistednews.com/U.S._Pork_Producers_Keep_Using_Drug_Banned_or_Restricted_in_160_Countries
WORLD'S BEST INVESTMENT
"Somebody asked the other day what the world's best investment opportunity is, and when I told him he was visibly disappointed," said Rich Bernstein of Bernstein Advisors.
Bernstein was talking about high-yield municipal bonds.
Investors in the bond market currently prefer investing in Iraq than U.S. municipalities.
As of July 23, Republic of Iraq bonds due in January 2028 were yielding 7.08%; high-yield municipal bonds in the U.S. were yielding 9%, or 1.9% more than Iraqi bonds.
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