bonds

Our sovereign ratings model puts France as a borderline AA+/Aa1/AA+ credit, so there is certainly a risk that France is downgraded from its current AAA/Aaa/AAA ratings in the coming quarters. However, because the slippage is borderline, we…

Today's financial news with stories on Europe's sovereign debt crisis, state budgets, and recent banking-related stories plus much more.

In the CNBC Asia video below, Tan Kim Eng, director of sovereign ratings at Standard & Poor's Ratings, says China won't be coming to international markets to sell its sovereign debt anytime soon because it can fulfil its needs…

States and local governments cannot rely on the Federal Reserve to print money. As they face financial difficulties not seen since the 1930s, this is significant. We see the consequence of this difference on display daily in the sovereign…

By Kevin Brekke, Editor, Casey Research Prior to the 1930s, it was not legally possible for a U.S. municipality to declare bankruptcy as no legislation existed covering this event. The growing number of insolvent towns during the 1930s…

Here are the key takeaways from Pimco's recent piece on Emerging Market debt: Key Points: Global economic conditions and structural factors remain supportive for the emerging markets to “run fast,” and for the U.S., Canadian and…

I liked David Rosenberg's Breakfast With Dave piece this morning. He got into QE2, bonds, Europe and Germany in particular. Let me hit on a few highlights here.  First, Rosenberg says the recent uptick in bond yields might put…

The ECB announced its subscription capital base of 5.8 bln euros would effectively be doubled to 10.8 bln euros effective at the end of the year. The move is not surprising and has been hinted for the better part of a week at least. It…

by Annaly Capital Management Today’s “must read” comes courtesy of Professor Jeremy Siegel of Wharton Business School and “Stocks For the Long Run” fame. His Wall Street Journal op-ed, titled “The Fed’s Policy Is Working,” can be read…