NEW YORK, March 31- U.S. "We are also getting a little bit of safe-haven buying on the margin," said Guy LeBas, chief fixed-income strategist at Janney Montgomery Scott in Philadelphia. Uncertainty over the talks in Switzerland on hammering out a nuclear deal between Iran and global powers was also driving some bids for Treasuries, according to Vishal Khanduja,...» Read More
I agree with Paul Krugman that the deal to raise the debt ceiling is a disaster.
Probably the best commentary I've seen today on the market reaction to the debt ceiling deal comes from Cullen Roche at Pragmatic Capitalist:
Is U.S. debt in danger of a downgrade? Discussing pending threats to the nation's triple A rating, with CNBC's David Riley, Fitch Ratings.
The Federal Reserve likely will launch its next round of quantitative easing later this month with language that will set a specific target for inflation, Pimco's Bill Gross told CNBC.
Is the country's fiscal situation a "wild frontier"? Bill Gross, PIMCO founder/Co-CIO reveals where he is investing right now.
Scott Minerd of Guggenheim Partners on why people will flee the euro and go to a safe haven like US Treasurys, since the United States is 'the least dirty shirt in the bag.'
The dollar will face months of weakness in the run up to the U.S elections next year, David Bloom, global head of foreign exchange strategy, HSBC told CNBC Tuesday
The current low rate of GDP (gross domestic product) growth in the United States indicates that the world's largest economy is headed for another recession, according to Anthony Doyle, Director of Investment Specialists M&G Investments.
Insight on whether the debt ceiling deal and a possible downgrade by S&P will severely impact Treasurys or not, with Stanley Crouch, Aegis Capital CIO, who says he does not typically sell Treasurys if they have been downgraded by credit rating agencies.
A new round of fiscal warfare is in store for the US over the coming months as a new congressional committee is formed to find extra savings from the most sensitive areas of the budget, the FT reported.
I just got this press release from the Treasury Department. Sounds like they are pretty confident the debt ceiling is going to get increased.
The Fast Money traders weigh in on economic growth, and the impact the debt deal will have on defense and health care stocks.
The U.S. should choose to default instead of delaying the inevitable by raising the debt ceiling without dealing with the crux of the financial problems, David Murrin, chief investment officer at Emergent Asset Management told CNBC Monday.
Sunday night's deal that will see the US debt ceiling raised if it passes a vote in the House is merely a "band aid" and certainly not a game changer, according to an assessment from Barclays Capital.
Following the last-minute debt deal agreed by President Barack Obama and congressional leaders, one strategist is predicting the rating agencies should downgrade US debt by two notches.
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.