51. Still others are wary about holding bonds of retailers at all, given the competition in the industry and its vulnerability to changes in trends and tastes. 52. Still, investors said bonds were held from rising further by a weakening yen, which reduces the allure of yen-denominated debt. 53. Strong Capital Management held Stratosphere bonds earlier this year, but sold most of them in May when prices were close to their zenith. 54. That reflects the high value investors place on the ability to use the put option to decide just how long they want to hold the bonds. 55. That makes lead managers more likely than other banks to be holding the bonds. 56. That spread represents the premium investors get for holding riskier bonds. 57. That yield gap represents the premium investors are paid for holding riskier bonds. 58. That means corporations holding bonds can value them at either the price they paid for the bonds or their market value when putting together year-end financial statements. 59. That reflects the high value investors place on the ability to decide how long they want to hold the bonds. 60. That was the first time the government was left holding bonds after an auction. |