Further, Soviet entry into the international bond market should also be brought to a halt.
Low interest rates in the international bond market also appeal to many first-time borrowers in the country, he said.
The brighter outlook for the Thai economy has encouraged the government to return to the international bond market to raise money.
They were among the first to spot a magical opportunity when in 1963 new taxes in the United States led to a collapse in foreign interest in the American international bond market.
The international bond fund was down 1% til mid-February and the emerging market bond was off over 2%, while the US government bond fund was behaving like a bank CD, up 0.1%.
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Sure, the international debt problems worry me and the junk bond market may have gotten ahead of itself right now, but I am optimistic that the US stock market still offers value.
Its holdings include funds indexed to the total U.S. stock market (about 72% of assets) and total U.S. bond market (about 10%), along with three international index funds.
According to International Financing Review, U.S. and international companies continued to take advantage of a stronger tone in the corporate bond market on Monday, with a number of deals expected to price later in the session.
In order of popularity, respondents said they owned high-quality corporate, high-yield, international (including emerging market), Treasury (including TIPS) and municipal bonds and bond funds.
"No one can question the deterioration in the sovereign balance sheet or banking system, but it seems counterintuitive to cite possible financing gaps when a large, " bond issuance was about to close, said Richard Segal, emerging market strategist at Jefferies International.
One international bond investor in New York says she expects a good month or two of unrealistic Treasury bond yields as the market waits for more U.S. economic data.
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