Debt Market

TOKYO (Reuters) - A three-day rout in the bond market has raised concerns that the Bank of Japan is getting more than it bargained for, by prodding investors to shift money out of the safety of government bonds faster than the government expected. As...

WASHINGTON — The federal deficit is shrinking more quickly than expected, and the government's long-term debt has largely stabilized for the next decade, the Congressional Budget Office said Tuesday in a report that could strengthen the Obama...

Residents vote today on an $81.76 million budget that town officials have proposed for the upcoming fiscal year. Voting is at the Avon Senior Center, at 635 West Avon Road, and the deadline to do so is 8 p.m. The budget represents a $3 million...

ACCRA (Reuters) - Ghana plans a Eurobond worth up to $1 billion to refinance debt and fund infrastructure projects, its vice president said, adding to the list of developing countries tapping yield-hungry investors to bolster their economies. "We are...

MADRID/LONDON, May 14 (Reuters/IFR) - Spain's government and some of its top firms tapped into rising interest among domestic and foreign investors for bonds from weaker euro zone economies on Tuesday, issuing bumper levels of debt at sharply lower rates....

* U.S. appeals court ruling expected in coming weeks * Argentina could take its case to the Supreme Court * Market is prepared for a technical default By Hilary Burke BUENOS AIRES, May 13 (Reuters) - When Argentina defaulted on its debt in 2002, the...

ATHENS (Reuters) - Greece has hopes of returning to bond markets around the end of 2014, its finance minister said on Thursday after its bond yields dropped to their lowest levels since last year's debt restructuring. Greek 10-year bond yields dropped...

BERLIN (Reuters) - German Finance Minister Wolfgang Schaeuble signaled a softer stance on European banking union on Tuesday, saying that rather than waiting for a treaty change, governments should coordinate policies on closing banks. A banking union...

The $81.76 million budget proposed for the next fiscal year drew little interest from residents Monday, even though it would increase both spending and taxes. Residents could express their opinion on the budget at the annual budget meeting Monday. A...

SHANGHAI (Reuters) - A Chinese local government has apparently used public funds to repay the debt of a private firm, in a case that raises fresh questions about whether recent estimates of local government debt properly account for the full range of...

ROME (Reuters) - The euro zone must keep control of its public finances and high debt countries in particular must not reverse budget reforms, European Central Bank President Mario Draghi said on Monday. In a speech delivered in Rome, Draghi addressed...

* Letta eyes wider backing in meeting with Spanish PM * Wants EU policy shift towards more growth, less austerity * ISTAT says economy will shrink 1.4 pct this year * But data suggests recession gradually easing By Gavin Jones ROME, May 6 (Reuters) -...