After U.S. debt soared to $38 trillion, the ‘easy times’ are now over as hedge funds jump into the bond market, former Treasury official warns | Fortune

The holders of U.S. debt have shifted drastically over the past decade, tilting more toward profit-driven private investors and away from foreign governments that are less sensitive to…

Read more After U.S. debt soared to $38 trillion, the ‘easy times’ are now over as hedge funds jump into the bond market, former Treasury official warns | Fortune

Heavily indebted countries can look just fine until suddenly they don’t, finance watchdog warns—’That is how markets work’

Indebted countries are vulnerable to a precipitous loss of confidence even though that risk is barely acknowledged in bond markets, the Bank for International Settlements warned.  The Basel-based…

Read more Heavily indebted countries can look just fine until suddenly they don’t, finance watchdog warns—’That is how markets work’