The euro zone's disinflation has spurred fears of Japan-style deflation, possibly keeping yields on the German bund depressed for the long haul.» Read More
On a weekend of high drama, President Barack Obama finally managed to get congressional leaders on both sides of the political divide to agree on a compromise plan to raise the debt ceiling and avoid a potentially devastating default.
The resounding view on Wall Street and among many financial regulators and veteran lawmakers is that there will be a catastrophe if the United States does not raise its debt limit in the next few days. But will the sky really fall? The New York Times reports.
The outcome and consequences of Washington's deficit-reduction efforts are as yet unknown, but what is clear is the heavy calendar of economic reports in the week ahead will have consequences of its own.
The “Mad Money” host lays out why everyone is terrified, and what possibilities lay ahead as the debt debate plays out.
The U.S. Treasury plans to hold auctions Monday for slightly more than $50 billion in 3- and 6-month bills, officials told primary dealers in New York Friday.
The week's top business news and investment advice, including debt bets and commodities plays.
Real estate mogul Donald Trump said Friday he'd consider running for president — again — if the U.S. economy "continues to be bad: and "if the Republicans pick the wrong candidate."
Jeffrey Rosen has a good discussion of the likely way the justices on the Supreme Court would vote if Barack Obama decided to use the Fourteenth Amendment as a tool for violating the debt ceiling prohibitions on additional borrowing.
With the clock running out on the August 2 deadline to increase the debt ceiling, short-dated Treasury bill yields have gone up "fairly considerably over the course of the last week," Tad Rivelle, CIO for fixed income at TCW, told CNBC Friday.
Sen. Harry Reid says the new additions to the Boehner bill is hard to comprehend and The Strategy Session outlines your strategy for investing in Treasuries, with Tad Rivelle, TCW.
As Republicans failed to agree a plan to raise the US debt ceiling, Dennis Gartman, author of The Gartman Letter, warned that the US stock market was a dangerous place at the moment.
"The world’s financial system could face losses equivalent to that of Lehman’s failure by August 15, and then again on the fifteenth day and the last day of every month until default is rectified,” says one chief economist.
As America’s largest foreign creditor, China has little option but to hope for the best and try to calm jittery markets in the event of a downgrade of US debt by the ratings agencies according to economists at Capital Economics.
Yale’s constitutional law professor Jack Balkin has some innovative ideas about how to get around the debt ceiling.
It appears that politicians in Washington, D.C., are moving closer to a deal that would extend the ability of the government to borrow money beyond August—preventing a default on U.S. government bonds or other obligations.
America may lost is AAA rating. Insight on how investors should play the markets now, with Katherine Klingensmith, UBS Wealth Management Research Americas.
The current political turmoil may put technical levels for stocks at risk, Philippe Gijsels, the head of research at BNP Paribas Fortis Global Markets in Brussels, told CNBC.com in an interview Thursday.
In the very unlikely event that the United States defaults on its debt obligations, the country's economy would contract by 5 percent and stocks would fall by nearly a third, according to Credit Suisse.
If Asia’s equity and bond markets are any guide, then investors seem pretty sanguine about the risks of the US Treasury running out of cash or the eurozone debt crisis spinning out of control. The FT reports.
The debt feud will likely continue to take its toll on markets Thursday, as the deadline to raise the debt ceiling closes in and lawmakers are still far apart.