The News Review:
- A Postwar Reversal in Nazi-rdered Art Sale
- JGB futures hit 2-week high on stock drop auction
- Thrill of CD Auctions Lures Investors
A Postwar Reversal in Nazi-rdered Art Sale
New York Times
The dealer Max Stern inherited his family?s art gallery in Düsseldorf Germany in 1934 but three years later the Nazis forced him to auction its contents because he was Jewish. After he lost an appeal of the order Mr. Stern was forced to consign more than 200 works of art including the “Bagpipe Player” to the Lempertz Auction House a Nazi government-approved art purveyor for a forced sale. Among the works that were forcibly sold was a 1632 oil painting “Portrait of a Musician Playing a Bagpipe” by an unknown artist of the Northern Netherlandish school.
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JGB futures hit 2-week high on stock drop auction
Reuters
bond yieldsand growing optimism the market will be able to absorb extra debtissuance supported JGBs” said Koji chiai senior marketeconomist at Mizuho Investors Securities. June 10-year JGB futures 2JGBv1 hit a two-week high of137. 16 after the Ministry of Finance’s 20-year JGB auction metwith fair demand. [ID:nT353932] They ended the day at 137.
Thrill of CD Auctions Lures Investors
Wall Street Journal
The yield rates from the auctions aren’t always better than the average retail CD rates. Still investors have been turning to CD auctions for the thrill of the game the comfort of a fixed rate and the chance that the rate they get might be above average. com and Zions Direct offer two of the most well-known CD auction services.