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Recent Questions and Answers
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Recent New Canada Savings Bonds News:
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Portuguese and Spanish bonds dropped and the cost of European government debt-default insurance rose for a sixth day. New Zealand’s dollar depreciated after quakes, while European stocks and U.S. futures were little changed.
Life Insurance Corp. of India , the country’s largest money manager, plans to increase investments in stocks and bonds by about 8 percent this fiscal year as its premium collections climb.
While stocks are shares of ownership in companies, bonds are essentially long-term loans. If a company issues bonds, it's borrowing cash and promising to pay it back at a certain rate of interest.
U.S. stocks rallied Tuesday, with all three major indexes ending up more than 1%, following better-than-expected data on retail sales and inflation and Bernanke's call to Congress on the debt ceiling.
U.S. stocks rose, with the Standard & Poor’s 500 Index rebounding from an almost three-month low, as a pickup in takeovers overshadowed concern the economic rebound is slowing. Oil retreated and Treasuries declined.
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