(Source: Bloomberg News, November 20, 2012)
NEW YORK — Warren Buffett’s railroad debt is a better investment for bond buyers than Canadian National Railway Co., JPMorgan Chase & Co. said. The extra yield that Burlington Northern Santa Fe’s 10- and 30-year bonds pay over similar-maturity Canadian National debt makes them attractive, analysts led by Mark Streeter wrote today in a research note. BNSF is owned by Buffett’s Berkshire Hathaway Inc.
Full story: Bloomberg Businessweek