31. Brady bonds are sensitive to U.S. rates, as U.S. Treasuries partly back the emerging market debt securities. 32. But the surge in demand for Treasuries from fund managers and foreign investors seeking the safety of U.S. debt securities diminished that possibility. 33. By contrast, federally-chartered credit unions generally are limited to investing in Treasury, municipal, and agency debt securities. 34. By contrast, federally chartered credit unions generally are limited to investing in Treasury, municipal, and agency debt securities. 35. Canadian bonds generally move with their U.S. counterparts, the benchmark for valuing other debt securities, because the two countries are so closely linked. 36. Canadian bonds tend to move with their U.S. counterparts, the risk-free benchmark for valuing all other debt securities. 37. Campbell is also watching a variety of other statistics that give him the signal to have a higher percentage of stocks than debt securities in his portfolio. 38. Comparing yields on Russian debt securities with those of other emerging market countries has become easier. 39. Dealers note that because New Jersey seldom borrows, the demand for its debt securities is always strong. 40. Demand for most asset-backed bonds has been strong because these securities typically carry the highest ratings, yet offer higher yields than many other debt securities. |