The United States has a cap on the amount of money it can borrow. That means it can run out of cash if the limit isn’t lifted.
Category: Government Bonds
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How Close Is the U.S. to Hitting the Debt Ceiling? How Bad Would That Be?
The New York Times – Business: -
As Debt Ceiling Threat Looms, Wall Street and Washington Have Only Rough Plans
The New York Times – Business:A default would most likely rattle markets and carry big risks, no matter how the Federal Reserve and Treasury try to curb the fallout.
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The U.S. May Finally Breach the Debt Ceiling. Here’s Why That Would Be Very Bad.
The New York Times – Business:If Congress fails to increase the government’s borrowing limit in time, the result would be a shock to the economy and financial markets.
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Fed President Backs Slowdown as Support Mounts for Smaller Rate Move
The New York Times – Business:Susan M. Collins, president of the Federal Reserve Bank of Boston, said she was leaning toward a quarter-point move at the central bank’s Feb. 1 meeting.
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Eurozone Inflation Eases on Lower Energy Prices
The New York Times – Business:The rate of price increases in countries using the euro slowed to 9.2 percent in December, down from 10.1 percent a month earlier.
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Why Japan’s Sudden Shift on Bond Purchases Dealt a Global Jolt
The New York Times – Business:The world has relied on ultralow interest rates in Japan. What will happen if they rise?
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The Year the Long Stock Market Rally Ended
The New York Times – Business:How fast inflation and high interest rates upended markets across the globe.
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The Year the Long Stock Market Rally Ended
The New York Times – Business:How fast inflation and high interest rates upended markets across the globe.
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Bank of Japan Surprises Markets With Policy Tweak
The New York Times – Business:The central bank widened the yield on 10-year bonds and increased its monthly asset purchases in hopes of reviving a stagnant domestic bond trade.
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Inflation Cooled Notably in November, Good News for the Fed
The New York Times – Business:Consumer Price Index data reinforces that inflation is beginning to slow down just ahead of the Federal Reserve’s December rate decision.
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After a Terrible Year for Bonds, the Outlook Is Better
The New York Times – Business:October capped their worst 12-month period ever, and the economy is under pressure. Yet the fundamental math of bond returns bodes well for 2023, our columnist says.
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Powell says that rates will rise more and remain high ‘for some time.’
The New York Times – Business:The Federal Reserve chair said the central bank will keep lifting rates to control price increases, and played down a recent cooling in inflation.