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Examples
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Even though the bonds issued by the U.S. Treasury are now officially considered to carry risk of default, bonds of some other smaller and financially solid U.S. jurisdictions are still thought to be risk- and default-free.
Irene Aldridge: What to Do With the U.S. Treasury Bonds Now? Irene Aldridge 2011
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Even though the bonds issued by the U.S. Treasury are now officially considered to carry risk of default, bonds of some other smaller and financially solid U.S. jurisdictions are still thought to be risk- and default-free.
Irene Aldridge: What to Do With the U.S. Treasury Bonds Now? Irene Aldridge 2011
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As a result we still have "too big to fail" firms with the perverse incentive (subsidy) that their default-free status confers upon them.
The 14th Banker: Regulation Takes Its Place: Second Place 2010
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As a result we still have "too big to fail" firms with the perverse incentive (subsidy) that their default-free status confers upon them.
Lynn Parramore: "Disappointing and Inspiring": Roosevelt Fellows and Colleagues React to FinReg 2010
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CBI prides itself over its clean and default-free performance record despite all unjust, illegal pressures and threats from certain institutions, while maintaining a close watch to prevent any disruption to its sound and legal flow of financial transactions world-wide.
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And they've spread to, for goodness sakes, the municipal market and sacrosanct areas that presumably are default-free.
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That would call for math that uses a default-free investment rate, like the rate on U.S. Treasury bonds.
unknown title 2011
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In such cases, investors are much more interested in the return of capital (safety) than return on capital (greed), which is bullish for default-free assets such as US Treasuries.
GuruFocus Updates - 2010
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In such cases, investors are much more interested in the return of capital (safety) than return on capital (greed), which is bullish for default-free assets such as US Treasuries.
SeekingAlpha.com: Home Page Cam Hui 2010
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In such cases, investors are much more interested in the return of capital (safety) than return on capital (greed), which is bullish for default-free assets such as US Treasuries.
SeekingAlpha.com: Home Page Cam Hui 2010
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