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Desperate for cash, Honduras to hawk bonds
www.csmonitor.com

It can't pay government employees, contractors, or suppliers. Its not unusual for teachers to go six months between paychecks under Porfirio Lobo Sosa. Road construction has stopped again due to government debts to the construction companies. It …

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Will Mario Draghi begin buying Italian government bonds?
www.creditwritedowns.com

The outcome of the Italian election is not yet really known in the sense of the composition of the next government. There seems to be two potential paths going forward. The first was floated over the weekend of another technocrat government. The name …

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Boehner: Goodies your $52000 of the national debt could buy
www.washingtontimes.com

House Speaker John A. Boehner has done the dizzying math: “In the nearly four years since Senate Democrats last passed a budget, government spending has driven our national debt up past $16 trillion. That's more than $52,000 for every man, woman, and …

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Japan Government Bonds Rise, Pushing 5-Year Yield to Record Low
www.businessweek.com

“Expectations are mounting that the BOJ will step up monetary easing and increase purchases of government bonds.” The yield on the benchmark 10-year note fell 4 1/2 basis points to 0.60 percent at 4:45 p.m. in Tokyo from last week, according to Japan …

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Rhetoric Cools on Cuts' Near-Term Pain
online.wsj.com

After warning that across-the-board spending cuts would have catastrophic effects, White House officials are trying to play down fears that people will suffer hardships right away.

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Romney Offers Explanation for Loss
online.wsj.com

Mitt Romney, in his first TV interview since he lost November’s election, said a failure to connect with minority voters doomed his bid for the White House.

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Obama Backers Up for Ambassador Posts
online.wsj.com

Top fundraisers and finance officials in President Obama’s re-election campaign are now up for ambassadorial postings, a practice that was also common among his predecessors.

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