Chile Breaks Foreign Bond Drought at Record Yield

Chile sold its first international bond in six years at a record-low yield as investors demanded less than half the premium on comparable debt from higher-rated Italy.

Bond ambition

How do offshore bonds differ from onshore bonds? How do they compare in cost?Steel: Onshore bonds are taxed within the funds as they go at 20 per cent, which is the equivalent of the savings rate. For a basic-rate taxpayer there will be no more tax to pay on a chargeable event. A higher-rate taxpayer will pay the difference at 20 per cent.

Return of the international spy thriller

Forecast: Hot action, with chance of stormy encounters The best definition of the spy business I've ever read involves not derring-do, not leaps from lurching trucks or pirouettes within bloody gun battles, but something far more dreary and mundane: the cold art of compromise.

Emerging Bond Yields Drop to Record Low in Biggest Rally Since September

Emerging-market bonds are heading for their biggest monthly rally since September, cutting yields to a record low, as accelerating economic growth and Argentinas debt restructuring spur confidence.

European Bank Stress Tests Worked: Sort Of

Market data is starting to provide an indication of whether the stress tests on the largest European banks had the desired effect on confidence.