Mexico is a bright spot, while there's still reason for caution in Argentina and Turkey
The global total of negative-yielding sovereign debt declined to US$10.4 trillion as of November 1, down from US$10.9 trillion on September 12, according to Fitch Ratings. The rise in eurozone bond yields and modest dollar appreciation since September have sent the total stock of negative-yielding bonds to their lowest level since the end of May. […]
Private-sector bondholders may have to share the financial burden when debt-laden countries ask the IMF for help.
Public auditors in France say the government’s 2013 tax predictions missed the mark by nearly 50% last year, reports BBC.
How advanced economies deal with government debt will shape the economic and investment landscape for the next 10 years, Craig Alexander, senior vice president and chief economist, TD Bank Group, said at a Strategy Institute Summit in Toronto.
Borrowing from Shakespeare to analyze debt is a rare skill, but one that is within the grasp of Jeffery Gundlach, chief executive officer and chief investment officer, Doubleline Funds.
The European bond market is bracing for a rough week during which Belgium, Italy, Spain and France will be auctioning their debts. The timing couldn't of worse. Just last week, in it's worse-ever auction Germany failed to find buyers for about 40% of its €6 billion offering of 10-year bunds.
After months of urging consumers to rein in their spending and pay down debt, Finance Minister Jim Flaherty says the time has come for the government to do just that.
As media speculation mounts about the possibility of gold becoming collateral for eurobonds, bullion experts in Canada say it's highly unlikely that such a move will ever see the light of day.
An overwhelming majority of investment professionals equate a collapse of the Euro to a failure of Europe, according to a CFA Institute survey.