Browsing: Bonds

Posts Tagged ‘ Bonds ’

Bondholder v. Sovereign: An Empirical Analysis

Jan 9th, 2013 | Filed under: Hedge Fund Regulation

In 1992 the Supreme Court ruled that the issuance of bonds is itself a commercial activity, thus bond defaults by sovereigns are clearly subject to litigation in U.S. courts. One of the more intuitive findings of the authors of a new empirical study of such lawsuits is that the identity of the characteristic plaintiffs has changed over time. Read More

A Thought for the Next Relapse: Europe and Gold

Oct 22nd, 2012 | Filed under: Alpha Strategies, Currencies, Hard metals

Either Portugal or Italy could kick off a move toward the use of gold as collateral for sovereign debts. Each country has significant supplies of the stuff. Portugal, for example, has 383 metric tons, equaling 90 percent of its foreign reserves. Read More