Global Investing

Three snapshots for Wednesday

May 23, 2012

On Friday 283 companies in the S&P 500 had a dividend yield higher than the 10-year Treasury yield, at yesterday’s close this had fallen to 266 but remains very high compared to the last 5-years.

Italian consumer morale plunged to its lowest level on record in May as Italians’ pessimism over the state of the economy plumbed new depths.

Germany set a zero coupon on its new Schatz, the first time it has done so on debt of such maturity. The bid to cover ratio for the new bond at the auction was 1.7, compared with 1.8 at a sale of two-year debt on April 18.

The average yield at the sale was 0.07 percent.

 

Comments
2 comments so far | RSS Comments RSS

Scott, are you still writing for Reuters as I havent seen anything written by you recently?

Posted by CandleForex | Report as abusive
 

Sad to say Scott has left Reuters for the riches of BlackRock. His graphics tasks are now managed by Vincent Flasseur. You can follow Vincent on Twitter at https://twitter.com/ReutersFlasseur

Posted by Joel Dimmock | Report as abusive
 

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