The expression sovereign debt is used to indicate the debt of the State, i.e. the debt that the country owes to its bondholders.
In fact, each State carries out two distinct operations to finance public spending: increase the tax burden or issue bonds.
Issuing bonds is the quickest way to get new money in. The sovereign debt is therefore nothing more than an alternative expression to refer to public debt.
Sovereign debt, ultimi articoli su Money.it International
Financial Times
26 February 2024 - 07:47
Policymakers should start making contingency plans now.
Financial Times
21 November 2023 - 09:32
Ten-year borrowing cost falls to 2-month low after Rome avoids downgrade to ‘junk’ status.
Financial Times
10 November 2023 - 11:35
Miami-based market maker aims to displace banks in €10tn market
Lorenzo Bagnato
2 August 2023 - 14:21
Fitch is the second major agency to downgrade the United States’ rating. Everything has to do with the US debt crisis.
Lorenzo Bagnato
1 June 2023 - 16:44
President Joe Biden gave up his crown jewel to reach a debt ceiling agreement. Democrats will likely run to regain it in the 2024 presidential elections.
Lorenzo Bagnato
29 May 2023 - 19:04
Biden and McCarthy agreed on a deal to solve the sovereign debt crisis, giving many concessions to the Democratic party.
Lorenzo Bagnato
23 May 2023 - 12:23
US president Joe Biden and Republican speaker Kevin McCarthy met during the weekend to discuss the debt crisis. Both are asking important concessions.
Lorenzo Bagnato
22 May 2023 - 18:05
If the US was to default on its debt, the consequences on the world economy would be unimaginable. Bitcoin holders, however, might actually enjoy it.
Lorenzo Bagnato
19 May 2023 - 15:13
Every major market ended in the green this week as good economic data rolls out.
Lorenzo Bagnato
17 May 2023 - 16:01
US debt is way too high and way too dangerous to be ignored. If nothing is done by June, it would mean default.
