Emerging market debt has had a very salient couple of years, changing from a relatively sane, higher-yield product to a riskier product. In recent years, sovereign defaults have become a problem, ...
The US takeover of Venezuela's oil exports has re-routed crude barrels that were being used to service debt owed to China.
LONDON (Reuters) - When a bankrupt Mexico stopped repaying foreign loans in 1861 after three years of civil war, Great Britain, France and Spain responded by invading the Mexican harbor of Veracruz.
LONDON (Reuters) - Some of the world's smallest economies, especially in Africa, could be at increased risk of being unable to pay their debts in the medium term, even as developing nations have ...
The fractured alignment between SOEs and policy banks that once underpinned China’s overseas lending model is now breaking ...
Jochen Andritzky’s book demonstrates the importance of analysing CDS prices alongside bond prices in assessing the likelihood of sovereign default and expected recovery values. Felix Salmon examines ...
Do sovereign ratings provide a reliable indication of prospective sovereign default risk or merely a measure of the expected loss involved? It’s a moot point, but an important one, particularly as ...
NEW YORK (Reuters) -Spreads on U.S. government credit default swaps (CDS), market-based gauges of the risk of a sovereign default, ticked lower on Monday amid market optimism that the longest federal ...
LONDON, May 12 (Reuters) - The economic shock of the coronavirus pandemic and the plunge in oil prices could push a record number of sovereign borrowers to default on their debt this year, Fitch ...
NEW YORK (Reuters) - The cost of insuring exposure to U.S. government debt has climbed to its highest in nearly one year, suggesting investors are getting nervous about a U.S. presidential election ...