Treasury Bills: Discount Rate vs. Investment Yield Explained
Understand why Treasury bills quote both a discount rate and investment yield, how the 360 vs 365-day math works, and how to calculate your true return.
capital markets
Iambic Therapeutics Files Form S-1 for Nasdaq IPO Under IAM
Iambic Therapeutics filed a Form S-1 with the SEC to list on Nasdaq under IAM, backed by Nvidia and Coatue, with $207.9M in cash and clinical HER2 data.
Priority Technology Inks $1.6B Buyout With CEO and Searchlight
Priority Technology will be taken private by CEO Thomas Priore and Searchlight Capital in a $1.6B cash deal at $8.05 per share, delisting PRTH from Nasdaq.
Zero-Coupon Bonds: How STRIPS Work, Pricing Math, and Taxes
Learn how zero-coupon bonds and Treasury STRIPS work, how their pricing and duration are calculated, and how IRS phantom tax rules apply to OID.
AMC Launches $3.97B Financing Plan and Debt Tender Offer
AMC launched notes and loan financing totaling $3.97 billion. Here is what is marketed, committed, conditional and still unknown.
Oura IPO Terms: 50M Shares at $40–$44; Company Offers 13.5M
Oura filed IPO terms for 50 million shares at $40–$44. The company is selling 13.5 million shares; selling stockholders are offering 36.5 million.
How Adjustable-Rate Mortgages Work: Resets, Caps, and SOFR
Learn how adjustable-rate mortgages work: the SOFR reference index, lender margins, 2/2/5 cap structures, and exact reset payment math.
Mistras Group Inks $866M Buyout With H.I.G. Capital
Mistras Group agrees to an $866M all-cash buyout by H.I.G. Capital at $20.35 per share, featuring a 40-day go-shop window and a $49.9M reverse termination fee.
North Haven Q3 2026 Tender: 43.8% Accepted, Final Value Pending
North Haven Private Income Fund accepted an estimated 43.8% of Q3 2026 tendered units. Read the SEC filing, prior-quarter results, and limits of the estimate.
30-Year Mortgage Rates Cross 7% as 10-Year Treasury Hits 5%
30-year fixed mortgage rates jumped back above 7% as the 10-year Treasury touched 5% and MBS spreads widened. Here is what is driving borrowing costs.