Student Loan Debt
How advisors can help clients understand the burden of student loan debt and the best ways to reduce, eliminate or manage the debt load.
China Stockpiled U.S. Debt
By Marlene Y. SatterThe U.S. Treasury changed the rules in 2009 concerning how it conducts its auctions, and the reason was the stockpiling of U.S. debt by China, according to a report that says that rule change substantially altered the configuration and bidding of the auctions.
June 24, 2011
For Greece, Europe Discusses New Type of BondsBanks and European officials are discussing the possibility of using a different type of bond as a means of rolling over Greek debt in the hope that such a instrument will avoid raters classifying the move as a default, according to senior European banking officials.
June 23, 2011
Is College a Waste of Money? ‘Short’ College Through Online Education StocksPIMCO provocateur and bond fund legend Bill Gross garnered much attention in his latest missive questioning the value of a college education in today’s tough economy: He is clearly onto something.
June 22, 2011
CBO: National Debt on Track to Nearly Double GDP in 25 YearsThe nation is on a course to a “sudden fiscal crisis” if policymakers, like Rep. Paul Ryan and President Barack Obama, fail to take measured steps to halt the growing debt burden, the CBO said Wednesday.
June 20, 2011
Moody’s Warns Italy Over Debt as Eurozone Contagion Fears SpreadMoody’s expressed concern about what rising interest rates might do to an Italian economy that is struggling to recover from recession and burdened by heavy debt.
June 15, 2011
Moody's Threatens to Downgrade French BanksMoody's Investors Service on Wednesday threatened to downgrade France's three largest banks because of their exposure to Greek debt.
June 14, 2011
China’s Stern Words on European Debt Crisis; Fights Own WoesThrough its central bank's annual financial stability report, China warned the world again on Tuesday that the debt crisis in Europe was threatening to spread because it had not been properly dealt with.
June 10, 2011
Chinese Ratings Agency Warns of de Facto Default on U.S. DebtThe Moody’s of China, Dagong Global Credit Rating Co., has warned bond investors that the United States is on the path of insolvency. “In our opinion, the United States has already been defaulting,” said Guan Jianzhong, Dagong’s president.