Latest Debt and bond markets News

El Salvador to repurchase more of its debt

Nov. 29, 2022 19:41 PM EST

SAN SALVADOR, El Salvador (AP) — El Salvador’s government announced Tuesday that it will make a second buyback of its sovereign debt bonds maturing in 2023 and 2025 as it tries to calm market concerns that it could default on its debt. The government set the maximum for the...

Editorial Roundup: Missouri

Nov. 29, 2022 07:17 AM EST

Kansas City Star. November 28, 2022. Editorial: Missouri’s Jay Ashcroft aims to ‘hold libraries accountable,’ opening door to book bans A new rule proposed by Missouri Secretary of State Jay Ashcroft could kick open the door for special interest groups to...

How major US stock indexes fared Friday 11/18/2022

Nov. 18, 2022 16:26 PM EST

Stocks ended higher on Wall Street but still wound up with weekly losses after several days of bumpy trading. Some retailers posted big gains after reporting surprisingly strong quarterly results and giving investors encouraging forecasts. Gap, Ross Stores and Foot Locker all rose...

EU proposes more forgiving debt plans a decade after crisis

Nov. 09, 2022 10:25 AM EST

BRUSSELS (AP) — The European Union is considering more lenient economic recovery proposals that veer away from the grinding, top-down austerity rules that hit Greece and several other countries during the debt crises a decade ago and helped push millions into poverty, homelessness and...

Major banks support rainforest oil project despite problems

Nov. 04, 2022 14:49 PM EDT

LONDON (AP) — In the Putumayo region of the Colombian Amazon, Segundo Meneses' daily routine took him to the Chufiya river, its banks verdant and waters alive with catfish and piranha. On one morning seven years ago, he noticed a dark film lapping the shore. Where the river turned a bend, it...

How major US stock indexes fared Thursday 11/3/2022

Nov. 03, 2022 16:37 PM EDT

Stocks slipped on Wall Street and Treasury yields again rose to multiyear highs a day after the Federal Reserve indicated that its fight against inflation is far from over. The S&P 500 fell 1.1% Thursday. The Nasdaq composite and the Dow also fell. Technology stocks were among...

Text of the Federal Reserve's policy statement Wednesday

Nov. 02, 2022 15:15 PM EDT

WASHINGTON (AP) — Below is the statement the Fed released Wednesday after its policy meeting ended: Recent indicators point to modest growth in spending and production. Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains...

How steep fed rate hikes affect your finances

Nov. 02, 2022 14:34 PM EDT

NEW YORK (AP) — Mortgage rates continue to jump, home sales slump and credit cards and auto loans increase. Savings rates are slightly juicier, though. As the Federal Reserve steadily increases interest rates, many economists say they fear that a recession remains inevitable in the...

Canada sanctions more Russians, offers bonds for Ukraine

Oct. 28, 2022 13:27 PM EDT

WINNIPEG, Manitoba (AP) — Canada's government announced Friday it is imposing sanctions on 35 more Russians in response to that country’s invasion of Ukraine and issuing bonds that individuals can purchase to support the Ukrainian government. Prime Minister Justin Trudeau said...

EXPLAINER: How will we know if the U.S. is in recession?

Oct. 27, 2022 15:08 PM EDT

WASHINGTON (AP) — The U.S. economy grew faster than expected in the July-September quarter, the government reported Thursday, underscoring that the United States is not in a recession despite distressingly high inflation and interest rate hikes by the Federal Reserve. But the...