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The Latest Breaking News from Bonds

State workers get two more years to cash out pension benefits under extension designed to cut pension liability

The optional buyouts — designed to save taxpayers money in the long haul — would be paid for by an additional $1 billion in general obligation bonds.

Chicago Sun-Times

Friday essay: writing poems across oceans, cultures and emails – John Kinsella on creative collaboration

My maternal grandfather was an artist who was a sign-writer. On commission, and under the eye of the public, he painted the giant Queen Elizabeth for the 1954 ‘Royal Visit’ and the giant Captain Cook (with map of ‘New Holland’) for the 200th ‘celebrations’. These lines, read on their own,…

The Conversation

Alabama to decide $85 million bond issue to fund public historical sites and state parks on May 24

Alabama voters will vote on 10 constitutional amendments in 2022. One measure will be on the May 24 primary election ballot. The other nine amendments will appear on the Nov. 8 general election ballot.

Ballotpedia

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Thai bonds may extend 10% losses as swaps price in rate hikes

Thai bonds, the biggest loser among Southeast Asian peers, are set to extend their slump as rising inflationary pressures and the risk of a hawkish pivot by the so-far accommodative Bank of Thailand (BoT) weigh on the debt.

Bangkok Post

Paddy Jackson back in spotlight for right reasons as Irish eye European success

“The group took Paddy in and he worked hard with them. And when you work hard together, spill sweat and a bit of blood on the training paddock, those types of bonds grow"

Daily Mirror

Money Saving Expert advice on Premium Bonds and whether to invest

They are the UK's biggest savings product, with more than 21 million people saving over £117 billion in them

Liverpool Echo

Premium Bonds checker: How to find out if you've won – and how to enter draw to win £1m

Premium Bonds offer a fun and exciting way of saving that also allows for the chance to win millions of pounds - here's what you need to know about how they work and how to enter

Daily Mirror

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EXPLAINER: What's the latest in Russia's dance with default?

Russia's debt drama is far from over

The Independent UK

Premium Bond winners for May revealed including two new UK millionaires

Premium Bonds is an investment product issued by National Savings & Investment. Each month there are two £1million prizes given out to very lucky savers in the UK

Daily Mirror

Why Today’s Market Differs from the Stagflationary Stock Market Seen in the 70s

Monday stocks retested the S&P 500’s (SPY) lowest levels of the 2022 correction. Yes, shares bounced higher into the open. Unfortunately that tells us nothing about what comes next. So let's explore what is causing stocks to push to new lows...what the tea leaves say about where stocks go from…

StockNews.com

Sunak urged to issue green bonds with higher returns if climate goals missed

Thinktank says following Chile’s example would give ministers greater incentive to meet targets

The Guardian - UK

China contagion threatens to derail the world’s emerging markets

A widespread selloff in China is rippling through emerging markets, threatening to snuff out growth and drag down everything from stocks to currencies and bonds.

Bangkok Post

Featured jobs: ARC, Foundation Theatres, No Fuss Event Hire, Pedestrian Group & Beysis

There is no one-size-fits-all for ARC clients as they work across lifestyle, fashion and beauty. They’ve handled international fashion shows for G-Star RAW, created campaigns that challenge period norms like Bonds Bloody Comfy Period Undies, launched Ella Bache’s editorial platform to celebrate Bold Women and collaborated on a trial burying…

Pedestrian.tv

Congress, BJP blame each other over fuel prices in Tamil Nadu Assembly

Congress’s oil bonds and BJP’s loan waiver to corporates under attack

The Hindu

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Salon

DeSantis plan to punish Disney hits snag

DeSantis' plan would hit taxpayers with $1 billion bill — but it gets "worse than that"

Reason

Florida Faces First Amendment, Contract, and Budget Issues in Dissolving Disney District

Plus: Russia accuses NATO of war by proxy, Elon Musk's confusing comments on free speech, Biden bans incandescent light bulbs, and more...

Miami Herald

Disney tells investors Florida can’t dissolve special district without paying debt

MIAMI — As Florida legislators were rushing through passage of a bill to repeal the special district that governs Walt Disney World last week, they failed to notice an obscure provision in state law that says the state could not do what legislators were doing — unless the district’s bond…

Benzinga

E-House Comes Unhinged in China's Real Estate Crash, Joining List of Victims

Key takeaways: • E-House defaulted on $298 million worth of bonds that matured April 18, though it said this week that bondholders had agreed on a restructuring plan

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news in one place.

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Los Angeles Times

Michael Hiltzik: In Florida, DeSantis punishes Disney — by giving it a big tax cut

Up in their corporate suite, executives of the Walt Disney Co. must be laughing themselves silly.

Caixin Global

BlackRock Venture Launches First Pension Product in China

BlackRock’s majority-owned joint venture in China launched its first pilot pension wealth management investment in government and financial bonds.

Caixin Global

Opinion: Will U.S. Rate Hikes Send Chinese Stocks and Bonds Tumbling?

It depends on whether the slowdown in Chinese economy can be reversed

Ballotpedia

Voters in Little Rock to decide measure to reduce an ad valorem tax for the Central Arkansas Library System

Voters in Little Rock will decide on a ballot measure that would reduce the existing capital-improvement millage from 1.8 to 1.3 mills on May 24. This would equate to $130 per $100,000 of assessed property value. The existing limit is a combination of two separate ad valorem taxes each at…

Ballotpedia

Massachusetts officials announce $2.6 billion bond sale to replenish the state’s unemployment insurance trust fund

Massachusetts Governor Charlie Baker’s (R) administration announced on April 15 that the state intends to issue $2.6 billion of bonds to help replenish the state’s unemployment trust fund and pay back $1.77 billion of federal loans to the fund. The state legislature in 2021 approved bond sales to help fund…

Asharq Al-Awsat

UAE Issues $400 Million Domestic Treasury Bonds in Dirhams

The UAE has announced the launch of conventional AED denominated Treasury Bonds of the Government of the UAE (T-Bonds), with benchmark auction size of AED1.5 billion ($400 million). This was conducted through the Ministry of Finance (MoF) as the Issuer, in collaboration with the Central Bank of the UAE (CBUAE)…

Kiplinger

The Best Bond ETFs to Buy

Bond ETFs can help diversify your portfolio, but you need to be aware of interest rates and inflation, as well as credit quality, liquidity and tax efficiency.

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