Hank/Hawkeye

Bond Expert: Friday Outlook

In your view what is the probability that Citigroup Fin 2Nv09 bonds could be defalted on. The quoted mkt value at Friday's close actually went up.
Shouldn't that have gone the other way for bonds if the Govt. intervention in C was perceived as negative? Thank you kindly.

100% Yields on Ecuador Bonds: A Sign of the Times

Why settle for "only" 100% yield on Ecuadorian bonds when up here in Canada you can get Quebecor Pref. C's yielding 1,112.9032 %, or better still the D's at 2,197.1428!!!