The yield on the five year Treasury note is at a two-year low. (Crossing Wall Street)

“Wall Street, it seems, has lost its mojo, and not just because it is writing down billions of dollars of complicated mortgage-related securities.” (NYTimes.com)

Debt downgrades coming down the pike. (WSJ.com)

An no-win situation when it comes to the credit ratings of the monoline bond  insurers. (naked capitalism)

Are subprime issues spreading to commercial real estate bonds? (Calculated Risk)

Issues are spreading to the furthest regions of the bond markets. (WSJ.com)

“The housing slump is definitely hurting consumer spending…” (Calculated Risk)

Negative convexity put the hurt on bank bond portfolios. (Market Movers)

Are tech’s highest fliers no longer a safe haven from the subprime bust? (MarketBeat, Infectious Greed)

The risks to a further meltdown in the U.S. Dollar. (Economist.com)

Do we need a 10% correction before volatility wanes? (Bespoke Investment Group)

Eight ETFs loaded with “cheap” wide-moat stocks. (Morningstar.com)

A “shortage of shorts” (available to borrow) making 1X0/X0 strategies more difficult to implement. (All About Alpha)

Are small hedge fund start-ups “finished”? (InstitutionalInvestor.com)

Activist investors some times see their plans blow up in their face. (DealBook)

Another hedge fund sells a stake to a larger firm. (Marketwatch.com)

The Percy Walker blog goes dark. (Epicurean Dealmaker)

Research into the factors behind endowment fund investment success. (CXO Advisory Group)

Have we “stepped beyond the bound of optimal risk-taking“? (Marginal Revolution)

An interview with Jason Zweig on how our brains let us down as investors. (IndexUniverse.com)

The global risks of trying to tax the “superwealthy.” (USNews.com)

Intercollegiate chess goes “big time.” (American.com)

Have we missed something in the investment blogosphere? Then feel free to drop Abnormal Returns a line.