Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
Market Currents

The funded status of U.S. corporate pension plans bounces off a record low, rising 180 basis...

  • Thursday, September 6, 2012, 4:58 PM ET
    The funded status of U.S. corporate pension plans bounces off a record low, rising 180 basis points in August to 73.2%, according to BNY Mellon. Assets were lifted by rising stock prices, but liabilities fell too. Plan liabilities are calculated off of the high-yield corporate bond rate. Higher bond yields equal lower liabilities.
Track new comments on this story

This news story has 1 comment:

  •  
    This is why TPTB are walking tha market higher and higher...to make the pensions look OK...
    6 Sep 2012, 05:01 PM Reply Like
LATEST|
TODAY SO FAR|
YESTERDAY
Other date
DJIA (DIA) S&P 500 (SPY)
Latest Macro Articles
More Latest Articles »