Demand For Bond Increase In Franklin
Category:
State:
Multi-State
County:
Franklin
Control #:
US-00415BG
Format:
Word;
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Description
A Bond is a document with which one party promises to pay another within a specified amount of time. The term "demand" means that the principal plus any interest is due on demand by the bondholder rather than on a specific date. Bonds are used for many things, including borrowing money or guaranteeing payment of money. A bond can be given to secure performance of particular obligations, including the payment of money, or for purposes of indemnification. The validity of a "private" bond, payable upon demand, is determined by the same principles applicable to contracts generally. The purpose of the bond must not be contrary to public policy; it must be supported by a valuable consideration; and there must be a clear designation of the obligor and the obligee. A bond procured through fraud or duress may be unenforceable, but mistake on the part of the obligor as to the contents of a bond, or its legal effect, is not a defense to enforcement of the bond.
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A sustained increase in demand should support munibond performance over the coming months. In Q1 2024, the modelbased conviction has improved, bringing us into positive territory, signaling a more optimistic outlook for bonds.Fed purchases have boosted bank deposits, which banks partly used to increase holdings of Treasuries because there has been little new demand for lending. First, fiscal expansion will boost demand and hence growth. ThenThe GFC ushered in an era of collapsing household credit demand, surging savings rates, and a glut of excess capital.
