Which Country Goes Bankrupt Next? (Hint: It's Not Who You Think)
When Greece defaulted on its government bonds in March, it was the first country of any size to take such a step since the great Argentine default of 2002. It won't be the last.
government bonds
Why Interest Rates Keep Rising, Despite QE2
The Federal Reserve is doling out billions to buy bonds in hopes of keeping interest rates low and stimulating the economy. However, several powerful forces are working against that low-rate strategy, ranging from investor psychology to global competition for capital.
Can Portugal Avoid a Bailout by Selling Billions in Bonds?
In a key test of whether it will be able to raise the %u20AC20 billion it needs to avoid a bailout, the Portuguese government hopes to sell %u20AC1.25 billion in a bond auction Wednesday. Will Portugal end up following the path of Ireland and Greece?
Europe's Next Economic Crisis: Spain
Just as the euro has begun recovering from Ireland's meltdown, another financial crisis is brewing in Spain. The country could be headed for a bailout or reorganization, experts say. How low could the euro go?
Europe's Debt Crisis:
Fixed, or Just Papered Over?
Officially, Europe's fiscal health is on the mend, but each time the Continent's debt crisis is declared history, some ugly financial news quickly emerges to undercut those claims. Indeed, the real eurozone meltdown may still lurking beyond the horizon.
