bonds – Page 39 – Credit Writedowns

Credit Writedowns

Finance, Economics, and Markets

On the IMF’s warning of a European sovereign debt and bank meltdown

On State and Local Governments

Greek Haircuts: A Clarification

Currency Revulsion

Gold and the Three McBears

Long-term interest rates are a series of future short-term rates

Holders of Sovereign Debt

Is the US Becoming Japan?

Bianco: An 1100 S&P would look expensive if we have a recession

Ireland: Is austerity enough or will we see haircuts?