Posted on January 26, 2011 by
Distressed-debt investors plan to focus more on riskier, equity-linked securities as a “bubble” in the leveraged-loan and junk-bond markets is poised to burst as soon as this year, according to a survey of 100 asset managers and traders.
Continue ReadingPosted on December 23, 2010 by
The European sovereign debt crisis of 2010 appears to be geared up to spill over in 2011. Initial concerns led to the widening of bond yields of European Union members such as Greece and Ireland, and contagion threatens to cause further turmoil in the year ahead.
Continue ReadingPosted on November 18, 2010 by
Handling debt has become the biggest problem in today’s economy as countries have still not totally recovered from the economic downturn of 2007. The situation is not different in U.S. As per Bureau of the Public Debt, national debt has increased by $1.65 in this year.
Continue ReadingPosted on October 21, 2010 by
The Chancellor of the Exchequer, George Osborne announced yesterday in the Comprehensive Spending Review, that the UK had a structural budget deficit of at £109Bn. The largest in Europe. Debt interest payments this year would …
Continue ReadingPosted on July 7, 2010 by
A debt counseling center has voiced concerns that football gambling during the World Cup may leave more people in debt despite a falling-off in cases in the first half of the year.
Continue ReadingPosted on June 30, 2010 by
The federal debt will reach 62 percent of the nation’s economic output this year – the highest level since shortly after World War II.
Continue ReadingPosted on January 18, 2010 by
Jan. 18 — The cost to borrow in the corporate bond market is rising for the first time since November as Barclays Plc, Lloyds Banking Group Plc and more than a dozen other European banks sell record amounts of fixed-income securities to refinance $2 trillion of debt due this year.
Continue ReadingPosted on December 23, 2009 by
The Senate will act to raise the country’s debt limit on Thursday before closing shop for the year. That’s the plan anyway.
Continue ReadingPosted on October 18, 2009 by
Oct.
Continue ReadingPosted on August 11, 2009 by
The total value of distressed- debt deals, where creditors use their debt positions to take ownership of troubled companies, has touched $84.4 billion this year, The Wall Street Journal said, at a pace close to double that of 2008.
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