Picture du Jour: Sovereign debt in a global context

 EmailPrint This Post Print This Post

With most of the attention during the past few weeks focused on the Greek debt situation, other sovereign borrowers have started wondering whether they might be next.

The chart below, courtesy of Agora Financial’s 5 Min Forecast, places the Greek malaise in a global context. The other PIIGS countries obviously feature prominently, but the US’s three-year funding requirements are on par with the likes of Spain and Portugal.

Any long-term bulls on the US dollar and long-dated Treasuries?

Source:  Agora Financial’s 5 Min Forecast, May 12, 2010.

Did you enjoy this post? If so, click here to subscribe to updates to Investment Postcards from Cape Town by e-mail.

OverSeas Radio Network

1 comment to Picture du Jour: Sovereign debt in a global context

  • Paul Hanly

    The big difference is that the US government can issue its own currency – “print” money to spend without borrowing – and the others can’t. Heaven help their citizens as those countries will be forced to reschedule/default and into internal recession unless they abandon the Euro. The rest of Europe simply won’t fund the amounts required.

Leave a Reply

  

  

  

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Top 100 Financial Blogs

Recent Posts

Charts & Indexes

Gold Price (US$)

Don Coxe’s Weekly Webcast

Podcast – Dow Jones


One minute - every hour - weekdays
(requires Windows Media Player)
newsflashr network
National Debt Clock

Calendar of Posts

May 2010
MTWTFSS
« Apr Jun »
 12
3456789
10111213141516
17181920212223
24252627282930
31 

Feed the Bull