Latest news about Debt


Government debt prices churn (CNN Money)

Treasury prices churned Tuesday as investors weighed a tremendous amount of new debt coming to market with continued concerns about an economy mired in recession.

6 Jan 2009, 6:54 am | click here to view more

Obama: Years of debt ahead (Miami Herald)

President-elect Barack Obama Tuesday ripped outgoing President George W. Bush for ''irresponsibly'' doubling the federal debt, then warned that he could preside over trillion-dollar-a-year deficits for ``years to arrive.''

7 Jan 2009, 12:13 am | click here to view more

Conn. AG wants to stop for-profit debt reducers (AP via Yahoo! Finance)

Connecticut Attorney General Richard Blumenthal is proposing legislation that would ban for-profit companies from offering to reduce consumers' debt.

6 Jan 2009, 2:41 pm | click here to view more

India Bonds Slide as Government Announces Additional Debt Sales (Bloomberg)

Jan. 7 (Bloomberg) -- India’s 10-year bonds dropped for a third day after the government said it will increase debt sales. The yield on the 8.24 percent note due April 2018 climbed 42 basis points to 5.73 percent as of 9:11 a.m. in Mumbai, according to the central bank’s trading system.

6 Jan 2009, 8:46 pm | click here to view more

Buyers be wary of debt settlement offers (Courier-Post)

As some bring in the new year with cheer, others just look another year of cowering below what appears to be insurmountable debt.

7 Jan 2009, 12:25 am | click here to view more

LyondellBasell stuck in debt restructuring talks (Reuters via Yahoo! News)

Petrochemical giant LyondellBasell remained locked in talks with creditors on Tuesday as it hovered close bankruptcy two days after a deadline to renegotiate terms of its heavy debt load.

6 Jan 2009, 8:11 am | click here to view more

Obama: Bush's handling of federal debt irresponsible (Pittsburgh Post-Gazette)

WASHINGTON -- President-elect Barack Obama yesterday ripped outgoing President George W. Bush for "irresponsibly" doubling the federal debt, then warned that he could preside over trillion-dollar-a-year deficits for "years to arrive."

6 Jan 2009, 9:37 pm | click here to view more

Indian Bonds Drop Most in Seven Years on Additional Debt Sales (Bloomberg)

Jan. 7 (Bloomberg) -- India’s 10-year bonds dropped the most since September 2001 after the government said it will increase debt sales to fund additional spending.

6 Jan 2009, 10:16 pm | click here to view more

Japanese 10-Year Bonds Fall as Traders Prepare for Debt Auction (Bloomberg)

Jan. 7 (Bloomberg) -- Japan’s 10-year government bonds fell for a third day, the longest losing streak in more than two months, as dealers prepared for an auction of the debt tomorrow.

6 Jan 2009, 9:42 pm | click here to view more

GE Capital Begins $10 Billion Debt Sale (New York Times)

General Electric ’s finance arm on Monday launched a $10 billion sale of F.D.I.C.-backed debt, the largest sale below the government guarantee program since its inception last November.

6 Jan 2009, 2:42 am | click here to view more