Government debt

People walk past a bank electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Monday, Feb. 17, 2020. Markets are mixed in Asia, with Japan's benchmark slipping 0.8% after the government reported the economy contracted in the last quarter. (AP Photo/Vincent Yu)
February 16, 2020 - 11:30 pm
BANGKOK (AP) — Markets were mixed in Asia on Monday, with Japan's benchmark slipping 0.8% after the government reported the economy contracted 6.3% in annual terms in the last quarter. China's shares got a boost after the central bank stepped in to help the economy with a rate cut, extra buying of...
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FILE - In this Feb. 6, 2020, file photo specialist John O'Hara, left, and trader Philip Powers work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, Feb. 14. (AP Photo/Richard Drew, File)
AP Newsroom
February 14, 2020 - 3:37 pm
Stocks headed lower in afternoon trading on Wall Street Friday, erasing modest early gains. Despite the market's downward tilt, the S&P 500 index was still on track for a second straight weekly gain. Trading has been more subdued and cautious on Wall Street, following China's report Thursday of...
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European Central Bank President Christine Lagarde addresses European Parliament lawmakers during a monetary dialogue meeting at the European Parliament in Brussels, Thursday, Feb. 6, 2020. (AP Photo/Francisco Seco)
February 14, 2020 - 10:59 am
FRANKFURT, Germany (AP) — Imagine a mortgage that pays you the interest, not the other way around. Or a savings account where it's the bank, not the saver, who collects interest. Welcome to the upside-down world of ultra-low and negative interest rates that is taking hold in many parts of the world...
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The moon rises behind the ancient Acropolis hill with the 500 BC Parthenon temple in Athens, on Saturday, Feb. 8, 2020. (AP Photo/Petros Giannakouris)
February 12, 2020 - 6:53 am
Greece's 10-year government bond yield has fallen below 1% for the first time, bolstering the country's effort to ease strict budget conditions set by bailout lenders. The yield dropped Wednesday to 0.957% but remains among the highest borrowing rates in the 19-country eurozone and roughly level...
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FILE - In this Aug. 21, 2019 file photo, Puerto Rico's Governor Wanda Vazquez holds a press conference to announce new administrative appointments at the governor's official residence La Fortaleza in San Juan, Puerto Rico. Puerto Rico's fragile economy is facing an uncertain future after Vazquez rejected on Sunday, Feb. 9, 2020, a settlement announced late Sunday with bondholders that would reduce the U.S. territory's public debt by 70%. (AP Photo/Carlos Giusti)
February 10, 2020 - 12:05 am
SAN JUAN, Puerto Rico (AP) — Puerto Rico's fragile economy is facing an uncertain future after the island's governor rejected a settlement announced late Sunday with bondholders that would reduce the U.S. territory's public debt by 70%. The settlement is the biggest one to date since the island's...
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FILE - This Jan. 31, 2020 file photo shows a sign for Wall Street in New York. Stocks are getting off to a weak start, Friday, Feb. 7, despite a strong jobs report. Thanks to rallies over the past few days, the market is still on pace for its best weekly gain since last June.(AP Photo/Mark Lennihan, File)
AP Newsroom
February 07, 2020 - 4:12 pm
Stocks closed lower for the first time this week but still had their best weekly gain since June. Technology companies did worse than the rest of the market. Stocks are coming off a four-day rally as traders tempered their worries about economic fallout from the virus outbreak that originated in...
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Greece's Prime Minister Kyriakos Mitsotakis, left, speaks with the European Commissioner for Economy Paolo Gentiloni during their meeting at Maximos Mansion in Athens, Thursday, Feb. 6, 2020. Gentiloni will have a series of meetings with Greek top officials in the context of the European Semester, the EU's cycle of economic and fiscal policy coordination among member states. (AP Photo/Thanassis Stavrakis)
February 06, 2020 - 10:39 am
ATHENS, Greece (AP) — The European Union's new economy commissioner says Greece's bailout lenders are willing to discuss a request by Athens to ease strict budget targets that would help speed up the country's recovery. While visiting Athens Thursday, Paolo Gentiloni sai d discussions could begin...
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The Capitol is seen as defense arguments by the Republicans resume in the impeachment trial of President Donald Trump on charges of abuse of power and obstruction of Congress, in Washington, Monday, Jan. 27, 2020. (AP Photo/J. Scott Applewhite)
AP Newsroom
January 28, 2020 - 2:34 pm
WASHINGTON (AP) — An annual congressional report says the U.S. budget deficit is likely to burst through the symbolic $1 trillion barrier this year despite a healthy economy. Tuesday's Congressional Budget Office report follows a burst of new spending last year and the repeal in December of several...
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The sun sets behind the lighted ancient Philopappu monument, right, and the Saronic golf, left, during a cloudy day in Athens, on Monday Dec. 2, 2019. (AP Photo/Petros Giannakouris)
January 28, 2020 - 7:21 am
ATHENS, Greece (AP) — Greece has launched an auction for a 15-year bond, aimed at taking advantage of low interest rates and a recent sovereign credit rating upgrade. The Public Debt Management Agency is reportedly hoping to raise up to 2.5 billion euros ($2.75 billion) in the auction that will be...
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January 24, 2020 - 6:50 pm
ATHENS, Greece (AP) — Fitch ratings agency on Friday raised Greece's credit rating by one notch to BB with a positive outlook, implying that a further upgrade could come in the future. The country emerged from a ten-year financial crisis in 2018, and its credit is still rated between two and four...
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