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By Simone Meier, Bloomberg |
August 14, 2012
The euro-area economy shrank in the second quarter after the worsening debt crisis and tougher budget cuts forced at least six nations into recessions.
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By Liz Capo McCormick, Bloomberg |
June 28, 2012
Bill Gross, who runs the world’s biggest bond fund at Pacific Investment Management Co., said economies and their financial markets take decades to normalize after the havoc of a debt crisis, making U.S. securities still the safest bet for investors.
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By Canaccord Genuity Morning Coffee |
June 1, 2012
PIMCO bond boss Bill Gross provided his “Investment Outlook” for June, reiterating his “Plankton Theory”, which states that the whale depends on plankton for survival.
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By Liz Capo McCormick, Bloomberg |
May 31, 2012
Bill Gross, who runs the world’s biggest bond fund at Pacific Investment Management Co., said the lower quality of sovereign debt represents a threat to the global monetary system.
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By Milton Ezrati |
April 25, 2012
For the past two years, investors have feared a contagion of default, triggered by a loss of liquidity and a panic among bankers and other bond investors, something akin to what happened in the United States during the subprime crisis.
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By Daniel Kruger and Susanne Walker, Bloomberg |
April 10, 2012
Treasury 10-year yields fell below 2 percent for the first time in almost a one month on speculation the European sovereign-debt crisis is worsening as yields on Spanish and Italian bonds rose.
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April 1, 2012
A visual representation of Eurozone countries' debt-to-GDP ratios.
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By John Fraher, Bloomberg |
March 13, 2012
Greece’s credit rating was lifted out of the default category by Fitch Ratings on optimism that a debt swap will reduce the risk that the country eventually reneges on its obligations.
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By Lucy Meakin and Keith Jenkins, Bloomberg |
March 12, 2012
The good news is Greece won’t default on March 20, and 10-year borrowing costs for Spain and Italy dropped below 5%. The bad news is similar-maturity Portuguese bonds still yield more than 13%.
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By Abigail Moses, Bloomberg |
March 9, 2012
Greece’s use of collective action clauses forcing investors to take losses under the nation’s debt restructuring will trigger payouts on $3 billion of default insurance.
