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Early moves in U.S. financial markets on Wednesday indicated some aversion to riskier assets as investors assessed the impact of the surprise downgrade.
Questions are being raised about the extent to which foreign and domestic buyers can continue to keep up their demand for U.S. government debt.
Questions are being raised about the extent to which foreign and domestic buyers can continue to keep up their demand for U.S. government debt.
(Bloomberg) -- The US Treasury boosted its estimate for federal borrowing for the current quarter as it addresses a deteriorating fiscal deficit and keeps replenishing its cash buffer. Most Read from BloombergAsia’s Richest Families Fuel Race for Lucrative Finance JobsUS, Europe Are Growing Alarmed by China’s Rush Into Legacy ChipsCharles Koch-Tied Group Seeks to Block Trump From GOP NominationLots of US Homeowners Want to Move. They Just Have Nowhere to GoA 5% US Mortgage Rate Is Seen as Tippin
Pimco CEO Manny Roman urges diversification from stocks, thanks to a suddenly target-rich fixed-income market. Also on the table: mortgage-backed securities,...