Here is what the world’s oldest loan looks like, courtesy of M&G Investment’s Bond Vigilantes’ twitter feed. It’s a four-year financing deal for a pig farm, made by Monte dei Paschi, the world’s oldest bank, for a clean 7% coupon.
Stocks were up Monday after the announcement that President Biden was not seeking a second term. What is in store for the rest of the week? Stocks were rising on...
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