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Auction Up: $7 bln 30Y TIPs auction draws 0.985%, 2.29x bid/cover, 64.5% indirect bidders, 4.5% direct bidders Treasuries are slipping to fresh lows following the auction.
Initial public offerings scheduled to price in the current week.
Ticker Underwriter
ABCW Sandler O'Neill, Robert W.
PRTO Stifel, JMP
DBV Citigroup, Leerink
There are two long-term investment picks followed in this column, called Current Stocks. These are Cree (CREE) and Verizon Communications (VZ). The investment premise for both has been detailed in the past, and tracked in detail during the investment period. Both...
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