*Treasuries set for weakest month since May 2013. U.S. government securities have posted a combined loss of 1.6 percent in February through Thursday, according to Barclays data, the biggest decline since May 2013. "Growth isn't spectacular, but it's still very robust, and this completely and conclusively will support a Fed reaching normalization," said Edward...» Read More
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.
Other than a short rally today, the dollar's been taking it on the chin as Washington squabbles. Here's how to trade it.
Even a debt deal may not prevent a rating cut for U.S. debt. Here's what it would mean for the dollar, and what you can do.
You might be surprised by some of the possible answers. Click ahead to see what happens if the U.S. credit rating is downgraded.
There's been a lot of talk about how the Fed is caught in a liquidity trap, unable to use conventional monetary policy to stimulate the economy. The more I think about the possibility of the Treasury using its implicit overdraft facility with the Fed, the more apparent it is to me that Keynesians should love this.
Last night, I spoke with David Beers, head of S&P's sovereign debt rating committee on CNBC’s Kudlow Report. He made it very clear: the U.S. must take steps to lower its debt/GDP trend over the long run.
Analysts at Barclays Capital expect the United States to lose its AAA credit rating as a compromise plan is passed by Congress that leads S&P to cut its rating on US debt.
As the high risk-game of chicken over raising the US debt ceiling draws closer to possible economic collision, one economist is warning that any deal that wins approval from the right-wing Tea Party movement will pass neither the Senate nor the president.
As the debate over raising the debt ceiling in the United States lurches onward, one analyst tells CNBC that if America wants to keep taxing its people like it's the 1950’s, it will need to significantly cut back on spending.
Washington's political paralysis around critical debt and budgetary issues will most certainly weigh on financial markets Wednesday.