The term Re-hypothecation came up a lot during the MF Global meltdown. It’s quite a common term in the securities market – but what does it mean? Marketplace Money senior producer Paddy Hirsch explains.
Junk. Not a nice word. And when it comes to bonds, not a particularly accurate word, either. Junk is something useless, right? Something you want to toss in the trash? Well, “junk” bonds are definitely not useless. In fact they’re extremely useful. Sometimes. Marketplace Money Senior Producer Paddy Hirsch explains what a junk bond really is.
“Ringfence” is the latest economic buzzword. Some analysts say we should ringfence troubled nations in Europe, like France, Italy, and Spain. But what does that mean? Marketplace’s Paddy Hirsch explains.