Stocks fell and investors rushed to the safety of government bonds.
Tag: Government Bonds
Japan Plans to Spend $120 Billion to Stimulate Slowing Economy
Prime Minister Shinzo Abe announced the spending as the country’s economy has slowed because of reduced demand from China and tensions with South Korea.
How Bad Is China’s Debt? A City Hospital Is Asking Nurses for Loans
The city of Ruzhou spent big, then used its health care workers to raise money, as local governments look for ways to keep the economy going.
Global Recession Risks Are Up, and Central Banks Aren’t Ready
The world’s monetary authorities have limited policy space, and it’s unclear whether their backup plans will suffice to bolster growth and inflation.
Argentina’s Economic Misery Could Bring Populism Back to the Country
Argentina’s turn away from populism and embrace of market forces has enraged people who have lost aid without producing a promised economic revival.