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Record Gilt Sales Raise Risk of Failed Auctions, Stheeman Says (Bloomberg)
Jan. 7 (Bloomberg) -- Britain may overwhelm bond investors with a record number of quarterly debt sales, risking the first failed auctions since 2002 as the economy sinks into the worst recession since World War II.
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Investors skirt bonds amid auctions (ShareCast via Yahoo! UK & Ireland Finance)
Investors steered clear of government debt on both sides of the Atlantic as auctions flooded the markets with bonds.
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Santander Signs New Three-Year Solus Contract With Manheim Auctions (The Auto Channel)
AUTO CENTRAL – January 7, 2009: Santander Consumer Finance has signed a new three-year solus contract with Manheim Auctions until December 2011 for the remarketing of up to 10,000 vehicles through Manheim’s auction centres in Bristol, Colchester, Rotherham and Washington.
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Builder Avoids Foreclosure Using Real Estate Auctions (PR Newswire via Yahoo! Finance)
In this increasingly competitive housing market brought on by current economic conditions, builders are turning to real estate auctions to liquidate new home inventories.
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Lamb: Not Enough Checks, Balances In Tow Auctions (KDKA Pittsburgh)
Investigators now believe it was easy to steal from city tow pound auto auctions. You had one man running the auction, handling all of the paperwork and money.
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DoT offers compromise on auctions of 3G spectrum (Business Standard India)
Will scrap bid if it falls below govt’s revenue expectations.
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Treasurys Down Ahead Of Auctions, ISM Data (Fox News)
Treasurys Down Ahead Of Auctions, ISM Data
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Japan’s 10-Year Bonds Fall; Surge in Sales Cools Auction Demand (Bloomberg)
Jan. 8 (Bloomberg) -- Japanese 10-year bonds fell for a fourth day, the longest losing streak since May, as lower demand at today’s 1.9 trillion yen ($20.5 billion) sale spurred concern that increased auctions will overwhelm investor appetite.
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Japan’s 10-Year Bonds Fall; Surge in Sales Cools Auction Demand (Bloomberg)
Jan. 8 (Bloomberg) -- Japanese 10-year bonds fell for a fourth day, the longest losing streak since May, as lower demand at today’s 1.9 trillion yen ($20.5 billion) sale intensified concern increased auctions will overwhelm investor appetite.
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Evidence Auctions May Go High-Tech (WCVB Boston)
Local police departments fill rooms with abandoned property every year, and for decades authorities had to stage elaborate and expensive auctions to get rid of it.
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