Money Management: Navigating the bond market
With low current yields and the growing prospect of future Fed interest rate increases, bond investors are certainly in a precarious position. Investing in long-dated bonds is generally a source of yield — but long-dated bonds could be significantly harmed with a rise in interest rates. Conversely, investing in short-dated securities with minimal interest rate […]
Money Management: Stock market highs, bond market volatility — what should an investor do?
As we head toward the end of the first quarter of 2017, the U.S. stock market has been on a wonderful, remarkable upswing since the November election. Most stock investors have seen their portfolio value increase and confidence in the market and future outlook remains high at this point. But some questions do need to […]
Worth Considering: Revisiting the fear over rising rates and bond prices
The era of rising rates may be upon us, or not. Time will tell, but it’s clear at least that interest rates have been on the rise since the second half of 2016 and especially since the election. The yield on the 10-year Treasury rose by about .60% since the election. It is instructive, therefore, […]
Money Management: 2017 could be a great year for bonds
Many bond market “experts” are again calling for a poor year in the bond market for 2017. If history and data are any guide, these “experts” could yet again be wrong. At the end of 2015, experts were calling for a rise in interest rates thereby causing bonds to perform poorly. However, the bond market […]
Money Management: Why bonds are still a good investment vehicle
The Federal Open Market Committee has been talking about raising short term interest rates (i.e., Fed. Funds Rates) for more than a year. After the financial crisis of 2008, the Fed lowered Fed Funds rates to next to nothing (0 to ¼ of 1 percent) in order to stimulate the economy, (Dec. 16, 2008). Now […]
Bank of America in $8.5B mortgage settlement
NEW YORK CITY — Bank of America and its Countrywide unit will pay $8.5 billion to settle claims that the lenders sold poor-quality mortgage-backed securities that went sour when the housing market collapsed.
City approves school bonds
Bonds will be issued to help finance the first phase of the Rochester City School District Facilities Modernization Program.
Time Warner Cable selling bonds
NEW YORK CITY — Time Warner Cable Inc., the country's second biggest cable TV provider, said Tuesday that it is offering new 10-year and 30-year bonds. The company did not say how much money it plans to raise from the sale ...
Treasury sells two-year bonds at record low yields
NEW YORK CITY — Investors are lending money to the government at a record low rate for two-year debt. The Treasury sold $35 billion in two-year notes on Tuesday ...
Dollar sees big gains
NEW YORK CITY — The dollar turned higher Tuesday as investors pondered how big an expected program from the Federal Reserve will be. The dollar has declined sharply over the past two months because investors expect ...
RIT to benefit from bond sale
The Dormitory Authority of the State of New York approved more than $254 million in financing for education, higher education and health care. As part of those approvals, the board signed off ...
Educational project funding approved
More than $1 billion in education loans recently were approved for several institutions, including up to $40 million for the Rochester Institute of Technology. The financing was authorized by the board of the Dormitory Authority ...
Case Digests
- Court of Appeals – Speedy trial: People v. Justice A.
- Fourth Department – Traffic stop: People v. McMillon
- Second Circuit – Fair Labor Standards Act: Abbott v. Comme Des Garcons, Ltd.
- Second Circuit – Plea agreements: Cook v. United States
- Fourth Department: Statute of limitations: Marino v. Weiler
- Fourth Department – Nail and mail service: Rebutting presumption of service L&W Supply Corporation v. Built-Rite Drywall Corp, et al
- Fourth Department – Mental Hygiene Law: Charles L. v. State of New York
- Second Circuit – Medicaid and Medicare certification: U.S. ex rel. Quartararo v. Cath. Health Sys. Of Long Island Inc.
- Fourth Department – Waiver of indictment: People v. King
- Fourth Department – Speedy trial: People v. Jordan
- Fourth Department – Rosario material: People v. Dennard
- Second Circuit – Magnuson-Stevens Act: State of New York v. Raimondo
Law News
- Split court affirms gun conviction
- N.Y. Court of Appeals reverses gun conviction
- NY board approves cannabis lawsuit settlements, paves way for retail dispensaries
- NY Court of Appeals reverses murder conviction because of illegal police search
- NY Court of Appeals reverses gun conviction over ineffective counsel
- Split court affirms gun conviction, finding search and arrest were legal
- NY appeals court vacates drug conviction over illegal police search
- Split Court of Appeals strips Police Accountability Board of disciplinary power