SIGNUPABOUTBW_CONTENTSBW_+!DAILY_BRIEFINGSEARCHCONTACT_US


Return to main story


Foraging for Yield: The Top Picks

SECURITY/                       RATIONALE                       YIELD
RECOMMENDATION


U.S. GOVERNMENTS                Attractive yield to             7.12%
20-year zero-coupon             maturity, adequate
Treasury                        liquidity
MUNIS Robbins (Ill.)            Outlook bright after            8
Resource Recovery Bonds         restructuring
FOREIGN                         Aussie rates could              7.45
Australian 10-year bonds        drift lower this year
MORTGAGE BACKED                 100 basis-point spread          7.5
Ginnie Maes                     over 7-10 year Treasuries,
                                but guaranteed by U.S.
HIGH YIELD                      Stable business, dominant       9.5
Cablevision Systems             in N.Y. area market
EMERGING MARKETS                Cheap, but only for             15
South African rand-             investors with strong
denominated govt. bonds         stomachs

DATA: SURVEY OF MONEY MANAGERS; BLOOMBERG FINANCIAL MARKETS


Return to main story


SIGNUPABOUTBW_CONTENTSBW_+!DAILY_BRIEFINGSEARCHCONTACT_US


Updated June 15, 1997 by bwwebmaster
Copyright 1997, by The McGraw-Hill Companies Inc. All rights reserved.
Terms of Use