NEW YORK, Sept 4- U.S. medium- and long-dated Treasuries prices rose on Friday, while prices for short-dated notes were mostly flat, after U.S. monthly employment data bolstered the case for the Federal Reserve to hike interest rates later this month. Nonfarm payrolls increased 173,000 last month, a slowdown from July's upwardly revised gain of 245,000 and the...» Read More
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.
U.S. politicians, in the process of kicking the proverbial debt can down the road, are also giving the dollar a good swift kick.
The White House insists the U.S. government will not be able to stay current on all of its obligations as of Aug. 2 unless the debt ceiling is raised. But can the government of the United States ever really run out of money?
"There's an uneasy stability in the market. I don't think the politicians should take that as any type of green light to allow this to continue," says one bond pro.
One of Ronald Reagan's best-known advisors on economics told CNBC that the former President would have started negotiations much earlier than President Barack Obama has.
Debt talks will again dominate Tuesday, as markets increasingly worry political cat fighting will lead to a weak deficit reduction deal, causing the U.S. to lose its top-notch credit rating.
In the eyes of China, the biggest foreign holder of US Treasuries, the damage to America's reputation as steward of the world’s safest asset may already be done—even if a last-minute agreement to raise the debt ceiling is hatched.