debt

Greece said on Friday it sent a formal letter of inquiry to finance ministers around the world to help assess global holdings of Greek government bonds in preparation to a debt swap plan, as part of its second bailout. more...

Spain plans to change its constitution before elections in November to include debt limitations that guarantee budget stability in the medium- and long-term, the prime minister said on Tuesday. more...

Emerging market debt trading fell slightly in the second quarter of 2011 to $1.704 trillion compared to the first quarter of the year, according to the association for the Emerging Markets debt trading industry. more...

World equity markets tumbled and gold shot to a new record high on Thursday as renewed worries about Europe's debt crisis and sour U.S. data added to fears that major economies were close to recession. more...

Though Tuesday's Sarkozy-Merkel meeting won't focus on issuing euro bonds, some say its adoption may be the only way to save the EU, reports The New York Times. more...

There's a currency worry behind all the selling of Italian and Spanish bonds, this economist says. more...

Italy has one of the highest savings rates in the OECD and holds considerable household wealth. In fact, the country's household wealth is five times as high as the country's gross domestic product (GDP). None of this appears to add up with the country's miserable public finances. more...

Nicolas Sarkozy, the French president, has given his finance and budget ministers one week to come up with new measures to cut France's crippling debt burden as concerns mount over prospects for growth and the country's ability to meet its deficit reduction targets. reported the FT. more...

China should sit tight on its U.S. Treasuries investment and adopt a "no buy, no sell" strategy, former top Chinese parliamentary official Cheng Siwei said on Monday as Asian stocks tumbled on a historic downgrade of U.S. debt rating.* more...

The sovereign debt crises on both sides of the Atlantic has created what some analysts are calling an "ugliness contest" between the U.S. dollar and the euro, and experts remain split on which of the two currencies are a safer bet. more...

"[S&P] is doing this to try to resurrect their reputation," says Donald Trump, chairman & president of the Trump Organization. more...

China on Saturday condemned the "short-sighted" political wrangling in the United States over its debt problems and said the world needed a new global stable reserve currency. more...

"The debt deal has basically punted the whole problem into the future... and it doesn't really reduce the debt. What is does is it slows the trajectory of growth," Philippa Malmgren, president and founder of Principalis Asset Management told CNBC. "From an investor point of view, you don't see...

Discussing currency trends and where investor are seeking safe haven, with Win Thin, Brown Brothers Harriman, and CNBC's Sue Herera. more...

Traders are focusing on Europe yields as well as Asia, says Kevin Ferry, TheContrarianCorner.com. more...

So markets finally have a deal on the US debt ceiling, and it has been passed by the House of Representatives, but was all the fighting over how to cut spending really worth it? more...

Andy Xie, Independent Economist, says what is happening in the U.S. will weaken the dollar and might force Beijing to de-link Chinese yuan with the dollar in five years. more...

Larry Kantor, Managing Director and Head of Research at Barclays Capital and Don Luskin, Chief Investment Officer at Trend Macrolytics, hold different views on the status of dollar and U.S. treasuries after the debt deal. more...

Gold was flat in early trade on Tuesday, supported by the gold purchase by South Korea's central bank, while investors watched the outcome of a vote on the U.S. debt deal. more...

Averting a U.S. debt default solves only the immediate fiscal problem for the West and its big creditors in Asia. more...