The US takeover of Venezuela's oil exports has re-routed crude barrels that were being used to service debt owed to China.
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, ...
There are at least five reasons, absent political support, this gambit might end up in another sovereign default for Argentina. First, Argentina has limited international reserves. At the beginning of ...
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 ...
The fractured alignment between SOEs and policy banks that once underpinned China’s overseas lending model is now breaking ...
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 ...
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 ...
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 ...
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 ...