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Indian defaults spark rules that drag bond sales to 13-year low SECTIONS Last Updated: Apr 19, 2021, 07:20 AM IST Share Synopsis ​Offerings of rupee notes have fallen to 34.4 billion rupees ($463 million) this month, the slowest start to a financial year since 2008. Bloomberg By Divya Patil Rising defaults have prompted India to tighten oversight of corporate bond sales, causing issuance to slump in a blow to a long-sought goal of expanding the market. Offerings of rupee notes have fallen to 34.4 billion rupees ($463 million) this month, the slowest start to a financial year since 2008. Th...

And i think the greater danger is actually in the bond market and the money market funds. when people say i'm concerned about rif they put their money in cash. when you put your money in cash it's in money market funds buying short term government bonds. if you think the answer is i don't want to sell stocks because they are risky there might be a bond default. the answer is then to not to put everything in an instrument that is totally dependent on government bonds. it's hard to track. in the end, despite what we do all day and what we see and watch and read on blogs and see on tv, we have to...

why congress may have breathing room when it comes to raising the debt ceiling on this "american morning." and good morning, everyone. it is wednesday, july 27th. this is "american morning." a lot going on today. let's get to it. >> it does feel like dueling bangoes, doesn't it? when you hear both sides of the debate they're dug in but insist they're right. >> and a growing number of americans want them not to be. >> they all say god bless america. how we get there is the question. >> two maker developments in the debt crisis, following minute by minute here. six days until the dea...

veterans group there at pennsylvania avenue being briefed on what could happen to their ranks if the debt ceiling is not raised. also cnn is learning some states making contingency plans. california specifically taking out a temporary $5 billion loan just to help pay its bills in case congress fails to act and turmoil in the credit market makes it difficult to borrow money after august 2nd. take a walk with me. i want to look at what exactly is proposed here. we have two different plans, two different bills on the table. one from democratic leader, senate majority leader harry reid, ...

won't support deep cuts without increases in taxes. >> if you are trying to get to 2.4 trillion without any revenue, then you are effectively gutting a whole bunch of domestic spending that is going to be too burdensome and not something that i would support. >> david gergen is the cnn political analyst. there was a time when john boehner and president obama both talked of doing something big to change america's unsustainable economic path. what do you think? do that you think that opportunity is lost? >> well, a week is a long time in politics. it can be a lifetime, as you know. i t...