Emerging Economies Risk Being Crowded Out As First World Steps Up Borrowing

There has been some discussion of the possibility of buyer revulsion eventually reaching the Treasury market as a burgeoning calendar bumps up ... rates...” Brazil, Russia, India and China face external debt payments of $205bn, $605bn, $257bn and $2,437bn respectively, but can rely on large foreign exchange reserves to help meet bills [more...]

Date: 2008-12-29 04:02:28

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