Global Government Bond Yields Rise as Traders Scale Back Rate-Cut Bets

Global Government Bond Yields Rise as Traders Scale Back Rate-Cut Bets

Global government bonds got off to a cautious start to the year as traders scaled back bets on major central banks cutting interest rates significantly this year. Germany 10-Year Treasury Bond YieldOn Tuesday (2nd), it jumped 9 basis points to 2.11%, a new high in more than two weeks, while the UK 10-Year Treasury Bond … Read more

The Burden of Debt: How High Interest Rates Are Impacting Developing Countries

The Burden of Debt: How High Interest Rates Are Impacting Developing Countries

The money that the poorest countries need to build schools, build bridges or modernize hospitals is increasingly more expensive and difficult to obtain. Over the last decade, low- and middle-income states have faced a large accumulation of liabilities and, consequently, have made a shift towards less conventional sources of financing that charge more interest, such … Read more

U.S. Treasuries Movement: Expected Declines as Federal Reserve Cuts Interest Rates – Is the Bond Market Next?

U.S. Treasuries Movement: Expected Declines as Federal Reserve Cuts Interest Rates – Is the Bond Market Next?

According to a Reuters report on Wednesday (27th), as U.S. Treasuries emerge from a historic sell-off, some investors predict that as long as the Federal Reserve’s (Fed) interest rate cuts work as expected, the U.S. fixed income market will decline next year. Get better. The fourth-quarter rebound saved Treasuries from an unprecedented third straight year … Read more

US Avoids Default Tonight as Senate Reaches Bipartisan Agreement on Debt Ceiling Bill

According to Senate Democratic Majority Leader Chuck Schumer, the US will be able to avoid default tonight. All 100 senators came to an agreement to discuss 11 amendments, and then immediately vote for a bill to increase the public debt. If the plan succeeds, Congress will quickly send the bill to the president for signature. … Read more

US Congress and President Biden Reach Debt Ceiling Agreement in Principle

The week promises to be busy for the US Congress. After several days of negotiations, US President Joe Biden and Speaker of the House of Representatives Kevin McCarthy announced on Saturday May 27 that they had reached an “agreement in principle” to avoid default on payment by the United States. 99 pages long, the text … Read more

The Heavy Mortgage of Spain’s Increasing Debt: A Look at the Government’s Extraordinary Spending

Some 170 million euros to subsidize trains and buses for young people, 17 million for unions, an extraordinary 14 million for the public company Tragsatec in order to unblock European funds, 3.3 million as a credit supplement for the CIS, 10 million to subsidize the cinema for those over 65 years of age… Without forgetting … Read more

“President Biden warns of consequences of possible US default on debt”

The President said that world leaders are wondering about the possibility of defaulting in the US. “Because if we default on our debt, the whole world will be in trouble,” Biden said. At the same time, the head of state stressed that he considers the risk of default an “artificially created crisis,” but warned of … Read more

“US Treasury Secretary warns debt limit must be raised by Congress”

“After reviewing recent federal tax revenues, our best estimate is that we will not be able to continue meeting all government commitments by early June, and potentially as early as June 1, unless Congress raises or suspends the debt limit,” the Treasury Secretary said in a letter. USA Janet Yellen to Congress. As a result, … Read more

US Treasury Secretary Janet Yellen warns of potential default as federal tax collection falls short

US Treasury Secretary Janet Yellen announced Monday that the federal state has collected less tax than expected. By Le Figaro with AFP Published on 01/05/2023 at 22:51update on 02/05/2023 at 00:48 This content is not accessible. US Treasury Secretary Janet Yellen. POOL / REUTERS The United States got a little closer to a potential default … Read more

Durango. The town hall will receive a loan of 80 million pesos for Christmas bonuses

Juan Carlos Lozano Durango, Durango / 29.10.2022 17:36:00 The Durango City Hall will receive a loan of 80 million pesos to cover end-of-year commitments, to pay workers. The municipality has a bank rating of a +or with the approval of the acquisition of these short-term credits. The financial situation faced by the City of Durango … Read more