Japan faces risk of ratings downgrade
Tue, 10 Nov 2009 15:01:00 GMT
finance minister acknowledged the problem and tried to reassure rattled investors by saying spending had to be cut. Japanese sovereign credit default swaps spreads have nearly doubled in the past week as investors fretted that the government faces a
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support groups
Tue, 10 Nov 2009 09:07:00 GMT
The Turning Point, 22 Elm St. Narcotics Anonymous open discussion, 7 p.m., Turning Point, 22 Elm St. AA closed Big Book, 7 p.m., Calvary Hill Retreat Center, 290 Chestnut St. For info: AA hot line, (888) 2B-SOBER. AA 449 closed step meeting, noon, 22 Elm
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Japan heeds market caution over huge public debt
Tue, 10 Nov 2009 08:04:00 GMT
adding to a debt burden the International Monetary Fund forecasts will spiral to 227 per cent of gross domestic product in 2010, more than double the United States’ 93 per cent. Fitch Ratings said that it would review its AA-minus rating on Japan if
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UPDATE 2-Japan's Fujii worried about rising long-term yields
Tue, 10 Nov 2009 04:18:00 GMT
government must ensure its spending plans don't rattle the trust of bond investors. Yields on benchmark 10-year Japanese government bonds hit a five-month high on Tuesday as the market frets about increases in JGB issuance, causing the yield curve to
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