Record Lows for 5-Year Treasury Yields, Muni Bonds
July 20 (Bloomberg) -- In today's "Bloomberg Bonds Headlines," Bloomberg's Josh Lipton reports that the 5-year treasury yield has fallen to a record low on concerns that Spain's bank bailout won’t be enough to stem the debt crisis, yields on 5-year Spanish bonds rise to the most on record and muni bonds backed by tobacco company payments are rallying in spite of default warnings. He speaks on Bloomberg Television's "Lunch Money."
Google agreed to pay new Chief Financial Officer Ruth Porat more than $70 million after she takes the post in May, putting her among the highest-paid CFOs in the industry. Bloomberg’s Cory Johnson reports on “Market Makers.” (Source: Bloomberg)
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