Nigeria plans to raise between 200 billion and 280 billion naira ($1.23 billion – $1.72 billion) in sovereign bonds ranging between 5 and 10 years in the third quarter of the year, the Debt Management Office (DMO) said on Thursday, less than its second quarter debt issuance. The debt office […]
Author: InvestAdvocate
Dow, S&P fall despite global central bank action
By Burton Frierson | Reuters The Dow and the S&P 500 fell on Thursday, retreating from the biggest three-day rally of the year as investors geared up for a jobs report that is likely to show Europe’s crisis is weighing heavily on the U.S. economy. The market derived no lasting […]
US fixed mortgage rates fall to new record lows
Associated Press Fixed U.S. mortgage rates fell again to new record lows, providing prospective buyers with more incentive to brave a modestly recovering housing market. Mortgage buyer Freddie Mac said Thursday that the average on the 30-year loan dropped to 3.62 percent. That’s down from 3.66 percent last week and […]
