…comes to taking the pulse of financial markets, amateurs talk about stocks, but professionals talk about bond and currency markets. That’s because bond and currency markets are generally less driven…

…Now, some substance – yes, the agency debt had an implicit federal guarantee. But… let us be very precise about our definition. Agency debt means debt issued by a US…

…with ‘it depends…’: Privatisation and government debt Possibly the worst argument for privatizing part of the public sector is a supposed ‘need’ to reduce public sector debt. I think the…

…the increase in the U.S. debtor status in its net international investment position (NIIP), currently valued at $8.1 trillion, which is equal to 42% of GDP. The Fund is concerned…

…for Chinese bonds has increased. Foreigners bought $60 billion of Chinese government bonds last year, and now hold 8.8% of these bonds. Some of these bonds will be held by…

…Eurozone has the real interest rate we need. But the Eurozone suffered a severe recession, currently has extremely high unemployment and appears to be headed for a second dip. I…

Today Eurostat released April 2011 inflation for the Euro area. Prices are increasing at a 2.8% annual pace, up from 2.7% in March and very much above the ECB’s comfort…

…Eurozone) in the next month? In the next six months? And if you think it will come apart, but later, guesstimate how much later and why you think it will…

…the massively greater load of private debt, and its spectacular runup compared to government debt: This from Steve Keen’s latest. (It’s not very long. There are lots of pictures. It…

…year to pay for student loan debt. Many low-income taxpayers who took out debt decades ago and who have tried to pay this debt back, find – with accrued interest…