8bp

Ozella sells FITB 20.51: Fifth Third Bancorp Given “A-” Credit Rating by Morningstar (FITB)

“Fifth Third Bancorp (NASDAQ:FITB) has earned an “A-” credit rating from analysts at Morningstar. The firm’s “A-” rating indicates that the company is a low default risk. They also gave their stock a four star rating. A number of other firms have …” said Earnestine to Gennie on Sunday, May 24, 2015.

“My dear Miss Gennie,” said Earnestine, “have you heard that FVX went up to 1.56?”

“5-YEAR TREASURY NOTE.”

Gennie replied that she had not.

“But it did,” said Earnestine. “CPI Sparks Selling in U.S. Government Bonds, Capping Losing Week U.S. Treasury bonds fell Friday … CHANGE YIELD CHANGE ½% 2-year 99 25/32 dn 3/32 0.618% +4.1BP 1% 3-year 100 dn 4/32 0.997% +4.8BP 1 3/8% 5-year 99 3/32 dn 8/32 1.563% +5.3BP 1 ¾% 7-year 98 21/32 dn 9/32 1.957% +4.3BP 2 1/8% 10-year 99 8/32 dn …”

Gennie, with thoughts that could rest on nothing, made no answer.