Short-term costs for insuring U.S. bonds are skyrocketing, and the long-term effects of repeated flirtations with debt default are already a burden, our columnist says.
Tag: Credit Ratings and Credit Rating Agencies
-
A Timeline of How the Banking Crisis Has Unfolded
First Republic’s downfall was just the latest in a series of problems affecting midsize banks.
-
You Can Let Republicans Destroy the Economy or You Can Call Their Bluff
The Fourteenth Amendment offers a blueprint for tearing down the debt ceiling.
-
As the Fed Raises Rates, Worries Grow About Corporate Bonds
Executives, analysts and bond traders are all wondering if corporate finance is about to unravel as interest rates rise.
-
A Strong Dollar Is Wreaking Havoc on Emerging Markets. A Debt Crisis Could Be Next.
Low-income countries, like Ghana and Pakistan, were already struggling during the pandemic. The dollar’s strength is adding to their woes.