About Janna Michael

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So far Janna Michael has created 11 blog entries.

FOMC policy statement – January 2015

By |2015-01-30T12:19:03+00:00January 30th, 2015|Categories: Bond Talk|

The Federal Open Market Committee (FOMC) is the monetary policymaking body of the Federal Reserve System. The FOMC is composed of 12 members--the seven members of the Board of Governors and five of the 12 Reserve Bank presidents.  A new policy statement was released and there are a few minor changes from the December statement that I think are positive overall. Here is what I feel are the important points: Economic activity was described as expanding at a [...]

US Treasury Bond Yield Index (EOD)

By |2016-11-17T16:30:20+00:00January 9th, 2015|Categories: Bond Talk|

 The US Treasury publishes yields for Treasury Bills (short-term), Treasury Notes (medium-term) and Treasury Bonds (long-term).  The data on the charts below is end-of-day (EOD) with closing values only. Note: Treasury yields move inverse to Treasury prices. Yields rise when Treasury prices fall and yields fall when Treasury prices rise. The default value in the chart below is for the 30 Year Treasury Bond. To view different bonds, change the symbol in the upper left ($UST20Y - 20 Year, [...]

Puerto Rico Bonds

By |2016-11-17T16:42:32+00:00May 7th, 2014|Categories: Bond Talk, UI Journal|Tags: , |

When most people think of Puerto Rico, they think of sun, sand, rum and tropical vacations. But in the finance world, when we think of Puerto Rico, words like “economic woes” and “bond downgrades” come to mind. But if I’m not planning a trip to this tropical island, why should I care about its economic woes? The answer may surprise you – 70% of municipal bond mutual funds own debt from the Commonwealth of Puerto Rico. Yes, [...]