1. Also, bank bonds typically offer higher yields than similarly rated bonds. 2. Bank bonds tend to be among the first to be hit by the threat of higher rates because their funding costs rise, narrowing profit margins on lending fees. 3. Bank bonds have also been hit. 4. Bank bonds gained last year as mergers drove banks to cut costs and boost their profitability. 5. He also likes Jumbo Pfandbriefe -- collateralized bank bonds that can only be issued to fund public-sector or mortgage loans --because the yields are more attractive. 6. Pfandbriefe are collateralized bank bonds backed by mortgage or public-sector loans. 7. Pfandbriefe are collateralized bank bonds that can only be issued to fund public-sector or mortgage loans. 8. Pfandbriefe are collateralized fixed-income bank bonds that can only be issued to fund public-sector or mortgage loans. 9. So if an investor must own bank bonds, sell a United Jersey and buy a National City, Ingram said. 10. Some investors say yields on bank bonds have nowhere to go but up if the economy gets sluggish. |
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