Government Debt

High Debt Is a Real Drag
www.heritage.org

Three teams of economists have separately shown that high government debt has a negative effect on long-term economic growth. When government debt grows, private investment shrinks, lowering future growth and future wages. Estimates across …

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Lloyds makes £3bn from UK government debt sales
www.telegraph.co.uk

The bank is likely to have bought the UK government bonds about four years as banks came under pressure to increase the amount of liquid securities they held on their balance sheet to provide emergency funding in the event of a new financial crisis.

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S&P issues favorable rating on Unified Government bonds
www.kansascity.com

Standard & Poor's Corp. has assigned an investment-grade AA rating on Unified Government revenue bonds, and the agency also issued a stable outlook rating on the long-term debt. Order Reprints …

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Debt is a Real Drag in Any Season
www.heritage.org

With each additional year spending more money than it takes in, the federal government hoists more weight onto the existing debt drag. The government pays for its prodigality by having to devote more and more of its revenues to interest payments on …

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Italian, Spanish Banks Large Net Buyers of Government Debt in January
www.nasdaq.com

Banks in Italy and Spain were large net buyers of government debt again in January after spending most of the previous three months offloading it, according to figures published Wednesday by the European Central Bank. The figures mean that the banks in …

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When Will the Federal Debt Cause a Greece-Like Crisis in the US?
business.time.com

(The Federal Reserve usually does this by buying U.S. government debt from banks, crediting those banks' accounts with dollars that hadn't existed before.) By contrast, when Greece borrows money, it borrows Euros, a currency over which it has no control.

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Allianz Gained $5.8 Billion From Italian Government Bonds
www.bloomberg.com

Allianz SE (ALV), Europe's biggest insurer, booked a 4.5 billion-euro ($5.8 billion) unrealized gain on Italian government bonds after adding to its holdings at the height of Europe's debt crisis, company filings showed. After purchasing 3.8 billion …

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