Sovereign Debt

Sprott Money's picture

Rig For Stormy Weather

Based on centuries of economic history, we should expect increasing financial trauma, periodic market crashes, devalued currencies, debt defaults, and that someone else will be blamed.

What Is Behind China's Bond Rout?

What happened in China in the past two weeks that led to a bond rout and drove up interest rates sharply? Here are the possibilities...

Russia Plans First-Ever Sale Of Yuan Bonds

"It would be wise of Russia to tap the yuan market now. China remains Russia’s biggest trade partner, China’s enormous financial system has lots of buying potential, too."

A Little-Known Indicator Sees VIX Soaring To 30

Morgan Stanley shows an interesting relationship between equity volatility and the economic cycle. It shows that the 2s10s yield curve tends to lead the VIX by 2 ½ years. This correlation suggests that the VIX should triple in the near future, and is the reason why the bank has just gone long the VIX.

financedude85's picture

In the aftermath of the 2008 financial crisis, countries all over the world suffered dire consequences. The irresponsibility of the globe’s biggest banking institutions, institutional investors, regulators, and consumers plunged economies in the United States, Europe, and Asia into a panic. The blame lies with those who exercised poor judgment in their creation and sale of shoddy derivative assets, but also with regulators for perpetuating a broken system of opacity