US Government Benchmarks
| Issue/Issuer | Coupon | Maturity Date | Latest Discount Yield/Price | Yield |
| 4 Week Treasury Bill | 0.000 | 2 Oct 2008 | 1.490 | 1.272 |
| 13 Week Treasury Bill | 0.000 | 4 Dec 2008 | 1.660 | 1.659 |
| 26 Week Treasury Bill | 0.000 | 5 Mar 2009 | 1.860 | 1.829 |
| 2 Year Treasury Note | 0.000 | 27 Aug 2009 | 98.032 | 2.049 |
| 5 Year Treasury Note | 2.375 | 31 Aug 2010 | 100.242 | 2.246 |
| 10 Year Treasury Note | 3.125 | 31 Aug 2013 | 100.945 | 2.922 |
| 30 Year Treasury Bond | 4.000 | 15 Aug 2018 | 102.852 | 3.656 |
Short Term Rates
| Key Rates | Date | Average / Bid / Offer Rate |
| Prime Rate | 5 Sep 2008 | 5 |
| Federal Funds Effective Rate | 4 Sep 2008 | 1.99 |
| Discount Rate - NY Federal Reserve | 5 Sep 2008 | 2.25 |
| 1 Month LIBOR | 5 Sep 2008 | 2.486 |
| 3 Month LIBOR | 5 Sep 2008 | 2.814 |
Bond & Rates News
Friday September 05, 2008
- Union Bank raises Rs 200 cr through bonds
22:27:00 EDT - Interest rates to ease after March next year: PNB
22:24:00 EDT - Interest rates to ease after March : PNB
22:18:00 EDT - The Securities Law Firm of Klayman & Toskes Files Arbitration Claim Against Morgan Keegan and Regions Financial Corp. As Monthly Dividend for Bond Funds is Cut to About $0.01 Per Share -- RHY, RMH, RMA, RSF
19:04:00 EDT - Orbus Pharma Inc. Announces Additional Financing
16:26:00 EDT - Bradford & Bingley to introduce two new six-month fixed rate bonds
13:05:00 EDT - JetBlue Airways Reports August Traffic
12:57:00 EDT - SmarTrend(R) MidDay Market Recap -- September 5, 2008
11:50:00 EDT
Featured Article
Dollar Dominance or Simple Market Correction
The last few weeks have seen some major moves in the currency markets. Much of this activity was spurred on by the corrections in the Oil and Gold markets. That is where we have been. Today we are going to take a look at where we are, and where we may be headed on a few currency pairs. Because of the many factors influencing the value of any particular currency, we are going to be reviewing these pairs from both a fundamental as well as technical perspective. Our aim with this exercise is to gain some insight into what we may expect from these pairs in the coming months. As always, the future is uncertain, the market is always right and money management will continue to prove more valuable than any strategy. Read the full article.