Tuesday, January 3, 2012

Biggest Economies Face $7.6 Trillion Bond Tab


Governments of the world’s leading economies have more than $7.6 trillion of debt maturing this year, with most facing a rise in borrowing costs.

Led by Japan’s $3 trillion and the U.S.’s $2.8 trillion, the amount coming due for the Group of Seven nations and Brazil, Russia, India and China is up from $7.4 trillion at this time last year, according to data compiled by Bloomberg. Ten-year bond yields will be higher by year-end for at least seven of the countries, forecasts show... more


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Silver in New Zealand dollars: $36.20 per oz
Previous all-time high: $59.19
per oz (30 Apr, 2011)
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