That did not occur, and today the Treasury will sell $12 billion of 30-year bonds, the most speculative securities they issue.

Major brokerage houses also went beyond the request of the Big Board, and toned down trading in more speculative securities, such as index options.

Because of their maturity, 30-year bonds are the most speculative security issued by the Government.

Their managers thus may not be conditioned to operate prudently in more speculative securities businesses.

Penny stocks are highly speculative securities that sell for a few dollars or less.

Penny stocks are highly speculative securities, selling for under $5 a share.

Some analysts said that market participants not only wanted to avoid speculative longer-dated securities but also might be expecting the Federal Reserve to cut short-term rates further.

He had bought speculative securities with my money.

For example, the most speculative securities - like biotechnology stocks, Chinese Internet shares and low-priced stocks - are among the hottest today.

We cannot continue to allow speculative securities based on sovereign debt.