Tag Archives: debt

(03-12) 03:41 PDT LONDON, United Kingdom (AP) — Markets were steady Monday ahead of a meeting of European finance ministers that is expected to pave the way for a second massive bailout for Greece that will prevent the debt-ridden country’s imminent bankruptcy. Ministers from the 17 countries that use the euro are meeting later and Greece will again be at …

Emerging markets are finding their voices within the Group of 20, a development that will reshape global efforts to avoid financial meltdowns and shape economic growth. The dominant issue at this weekend’s G20 gathering of finance ministers and central bank governors is putting an end to worries that a big European economy could go bankrupt. While the path to a …

Swire Pacific, Sun Hung Kai Properties and DBS rush to issue as Greek rescue package buoys credit markets. It was another hectic day in Asia’s debt markets yesterday as the news of a second rescue package for Greece helped boost credit markets. While Greece is far from being out of the woods — and bondholders have agreed to take a …

For years, people have wondered what happens when China stops buying U.S. Treasury bonds. Once China refuses to finance our massive deficits, the thought goes, interest rates will surge, and the Treasury might have a hard time selling bonds (ask Greece what it’s like). And if China actually began selling its Treasury bonds… that could bring about something far worse. …