Brad Setser notes that Brazil just issued a new 10-year bond at 122bp over Treasuries. “I remember when…” he writes — I’ll finish the sentence for him — “Brazil was at 2,400bp over Treasuries”. The official JP Morgan Brazil index now stands at 164bp over.
Chase wants its borrowers to pony up $295 plus $5.42 per month for the privilege of paying down their mortgage more quickly. “Only a bank would figure out a way to charge you for something you can do yourself and make you think it’s a smart decision!”
The NYT’s flash-based executive compensation chart, nicking its look-and-feel from Gapminder.
Jeff Sachs is giving this year’s Reith lectures.
The going rate for Joshua Bell, playing sans name recognition? $32.17, in 43 minutes.
Cassandra Wolos on junk charts in the NYT (Via)
Greg Clayman’s luggage was lost by JetBlue, and he discovered that they don’t track bags.
There is a great response to the Joshua Bell article by a NYC subway musician in her blog: http://www.SawLady.com/blog
She interprets the situation differently from the Washington Post reporters… I thought you might find it interesting.