Mail.com: Debt and bond markets https://www.mail.com/subjects/1386-debt-bond-markets.html Mail.com - the best personalized free web-based Email en en Mail.com: Debt and bond markets https://s.uicdn.com/mailint/8.812.0/assets/mailcom_logo_rss.png https://www.mail.com/subjects/1386-debt-bond-markets.html Fiscal discipline? Not now, as GOP pushes tax cuts https://www.mail.com/news/politics/5179280-fiscal-discipline-now-gop-pushes-tax-cuts.html WASHINGTON (AP) — Republicans relentlessly complained about big budget deficits during Democratic President Barack Obama's two terms, but now a growing number in the GOP are pushing for deep tax cuts even if they add to the government's $20 trillion debt. President Donald Trump says he is pushing for "the biggest tax cut in the history of our country," as... Tue, 09 May 2017 18:44:00 GMT https://www.mail.com/news/politics/5179280-fiscal-discipline-now-gop-pushes-tax-cuts.html 2017-05-09T18:44:00Z Puerto Rico faces uncertain future as debt saga unfolds https://www.mail.com/business/finance/5165644-puerto-rico-faces-uncertain-future-debt-saga-unfol.html SAN JUAN, Puerto Rico (AP) — Uncertainty is spreading across Puerto Rico and the U.S. municipal bond market now that the U.S. territory has taken an unprecedented step into federal court to restructure a portion of its $73 billion debt. Many economists anticipated the island's move Wednesday to seek a bankruptcy-like process amid a 10-year recession, but ... Thu, 04 May 2017 17:09:00 GMT https://www.mail.com/business/finance/5165644-puerto-rico-faces-uncertain-future-debt-saga-unfol.html 2017-05-04T17:09:00Z Puerto Rico turns to courts for debt protection https://www.mail.com/business/economy/5163800-puerto-rico-turns-to-courts-debt-protection.html SAN JUAN, Puerto Rico (AP) — Puerto Rico's governor turned to the courts Wednesday to protect the U.S. territory from a crushing $73 billion debt in the largest effort ever made by a U.S. government to shield itself from creditors. Gov. Ricardo Rossello made the announcement after negotiations with Puerto Rico's bondholders failed. Rossello said a federal... Wed, 03 May 2017 21:23:00 GMT https://www.mail.com/business/economy/5163800-puerto-rico-turns-to-courts-debt-protection.html 2017-05-03T21:23:00Z Trump tax plan leaves Congress, Ryan with heavy lift https://www.mail.com/news/politics/5147920-trump-tax-plan-leaves-congress-ryan-with-heavy-lif.html WASHINGTON (AP) — President Donald Trump's tax plan leaves much of the heavy lifting to Congress, while ignoring years of hard work by the guy who will have to do a lot of that lifting: House Speaker Paul Ryan. The one-page proposal outlined by the Trump administration Wednesday has something for everyone — massive tax cuts for businesses and a bigger sta... Thu, 27 Apr 2017 14:41:00 GMT https://www.mail.com/news/politics/5147920-trump-tax-plan-leaves-congress-ryan-with-heavy-lif.html 2017-04-27T14:41:00Z Trump to propose massive tax cuts for businesses https://www.mail.com/news/politics/5141514-trump-to-propose-massive-tax-cuts-businesses.html WASHINGTON (AP) — President Donald Trump plans to propose massive tax cuts for businesses big and small as part of an overhaul that he says will provide the biggest tax cuts in U.S. history. In addition to big tax cuts for corporations, Trump also wants to cut taxes for small business owners from a top tax rate of 39.6 percent to a top rate of 15 percent, said an official wi... Wed, 26 Apr 2017 00:49:00 GMT https://www.mail.com/news/politics/5141514-trump-to-propose-massive-tax-cuts-businesses.html 2017-04-26T00:49:00Z Trump's tax plan could face a budget deficit challenge https://www.mail.com/business/finance/5139926-trumps-tax-plan-face-budget-deficit-challenge.html WASHINGTON (AP) — President Donald Trump plans to stick with his campaign pledge to slash the corporate tax rate from 35 percent to 15 percent, but the dramatic cut raises a problematic question for the White House: How can the president deliver the "massive" tax cut he promised without also blowing a massive hole in the budget? A senior administration of... Tue, 25 Apr 2017 01:38:00 GMT https://www.mail.com/business/finance/5139926-trumps-tax-plan-face-budget-deficit-challenge.html 2017-04-25T01:38:00Z Greek debt activist, follower of ancient gods, faces arrest https://www.mail.com/business/finance/5071302-greek-debt-activist-follower-ancient-gods-faces-ar.html ATHENS, Greece (AP) — A firebrand Greek debt activist whose followers take an oath of allegiance to the ancient gods has been charged with fraud and running a criminal organization. A senior state prosecutor filed the charges Tuesday against Artemis Sorras, head of the Convention of Greeks, which urges taxpayers not to settle debts with the government. Seven of his alleged a... Tue, 28 Mar 2017 18:30:00 GMT https://www.mail.com/business/finance/5071302-greek-debt-activist-follower-ancient-gods-faces-ar.html 2017-03-28T18:30:00Z Debt limit goes back into effect at level near $20 trillion https://www.mail.com/business/finance/5042414-debt-limit-level-20-trillion.html WASHINGTON (AP) — The national debt limit came back into force Thursday at a level near $20 trillion, prompting the Trump administration to alert Congress about the measures it will take to stay under the new limit. Treasury Secretary Steven Mnuchin said in a letter to lawmakers that that he has started employing bookkeeping measures to avoid breaching th... Thu, 16 Mar 2017 22:20:00 GMT https://www.mail.com/business/finance/5042414-debt-limit-level-20-trillion.html 2017-03-16T22:20:00Z The Latest: Yellen says Fed waiting to see Trump's program https://www.mail.com/business/finance/5037578-latest-yellen-fed-waiting-to-trumps-program.html NEW YORK (AP) — The Latest on the Federal Reserve's monetary policy meeting (all times local): 3:15 p.m. Federal Reserve Chair Janet Yellen says Federal Reserve officials have not had a detailed discussion yet about the possible economic impacts of President Donald Trump's economic program. She sa... Wed, 15 Mar 2017 19:58:00 GMT https://www.mail.com/business/finance/5037578-latest-yellen-fed-waiting-to-trumps-program.html 2017-03-15T19:58:00Z Trump administration announces steps to avoid debt default https://www.mail.com/business/finance/5024268-trump-administration-announces-steps-to-avoid-debt.html WASHINGTON (AP) — The Trump administration is letting Congress know that it will begin taking steps next week to keep the government from an unprecedented default on the national debt. Treasury Secretary Steven Mnuchin said in a letter to lawmakers released Thursday that he will employ measures to avoid breaching the borrowing limit once the current suspension of the limit e... Thu, 09 Mar 2017 20:55:00 GMT https://www.mail.com/business/finance/5024268-trump-administration-announces-steps-to-avoid-debt.html 2017-03-09T20:55:00Z California high-speed rail ready to lay some track https://www.mail.com/business/finance/5010120-california-high-speed-rail-ready-to-lay-track.html SACRAMENTO, Calif. (AP) — After years of prep work, Gov. Jerry Brown's finance department decided Friday that California's $64 billion high-speed rail project is ready to lay some track. The administration approved the rail authority's request to spend $2.6 billion on work in the Central Valley. The decision lets the authority ask the state treasurer's office to sell a porti... Sat, 04 Mar 2017 07:30:00 GMT https://www.mail.com/business/finance/5010120-california-high-speed-rail-ready-to-lay-track.html 2017-03-04T07:30:00Z GOP tax plans could eliminate popular tax breaks https://www.mail.com/business/finance/4996894-gop-tax-plans-eliminate-popular-tax-breaks.html WASHINGTON (AP) — When Republicans say they want to lower taxes and get rid of loopholes to make up the lost revenue, they're talking about eliminating some very popular tax breaks enjoyed by millions of people. That's why making big changes to tax laws is so hard — and why it hasn't been done for 30 years. Unless Congress simply cuts taxes for everyone, ... Mon, 27 Feb 2017 08:31:00 GMT https://www.mail.com/business/finance/4996894-gop-tax-plans-eliminate-popular-tax-breaks.html 2017-02-27T08:31:00Z IMF agrees terms for $5 billion loan to debt-ridden Mongolia https://www.mail.com/business/finance/4979032-imf-agrees-terms-5-billion-loan-to-debt-ridden-mon.html ULAANBAATAR, Mongolia (AP) — The Mongolian government and envoys from the International Monetary Fund said Sunday that they and other partners have agreed on terms for a more than $5 billion loan package to the north Asian country to help get its economy back on track. The deal is subject to approval by the IMF's executive board, which is expected to cons... Sun, 19 Feb 2017 12:24:00 GMT https://www.mail.com/business/finance/4979032-imf-agrees-terms-5-billion-loan-to-debt-ridden-mon.html 2017-02-19T12:24:00Z Tea party gains voice in Trump's Cabinet with budget chief https://www.mail.com/scitech/news/4971928-tea-party-gains-voice-trumps-cabinet-with-budget-c.html WASHINGTON (AP) — The tea party wing of the GOP gained a voice in President Donald Trump's Cabinet on Thursday when Mick Mulvaney was sworn in as director of the White House budget office. Vice President Mike Pence administered the oath of office hours after the Senate confirmed the South Carolina Republican's nomination on a narrow 51-49 vote in the GOP-controlled Senate. ... Fri, 17 Feb 2017 00:13:00 GMT https://www.mail.com/scitech/news/4971928-tea-party-gains-voice-trumps-cabinet-with-budget-c.html 2017-02-17T00:13:00Z Nigeria's Eurobond 8 times oversubscribed, shows confidence https://www.mail.com/business/economy/4972158-nigerias-eurobond-8-times-oversubscribed-confidenc.html JOHANNESBURG (AP) — The London Stock Exchange says Nigeria's $1 billion Eurobond is eight times oversubscribed and demonstrates international confidence despite the oil-producing nation's economic woes. The 15-year bond offering 7.875 percent in trading starting Thursday is the first Nigerian offering since 2013 and the 2015 change of administration to Pr... Thu, 16 Feb 2017 11:55:00 GMT https://www.mail.com/business/economy/4972158-nigerias-eurobond-8-times-oversubscribed-confidenc.html 2017-02-16T11:55:00Z Average US 30-year mortgage rate rises to 4.19 percent https://www.mail.com/business/economy/4926692-average-us-30-year-mortgage-rate-rises-to-419-perc.html WASHINGTON (AP) — Long-term US mortgage rates rose this week after three weeks of declines, marking their first increase of the year. Mortgage buyer Freddie Mac said Thursday the rate on 30-year fixed-rate loans climbed to an average 4.19 percent from 4.09 percent last week. That was still sharply higher than a 30-year rate that averaged 3.65 percent for all of 2016, the low... Thu, 26 Jan 2017 17:05:00 GMT https://www.mail.com/business/economy/4926692-average-us-30-year-mortgage-rate-rises-to-419-perc.html 2017-01-26T17:05:00Z Markets Right Now: Dow Jones industrials breach 20,000 https://www.mail.com/business/finance/4923866-markets-now-dow-jones-industrials-breach-20000.html NEW YORK (AP) — The latest on developments in financial markets (All times local): 4:00 p.m. The Dow Jones industrial average closed above 20,000 points for the first time, the latest milestone in a record-setting drive for the stock market. It's been two months since the Dow crossed 19,000 points. Other major U.S. in... Wed, 25 Jan 2017 21:24:00 GMT https://www.mail.com/business/finance/4923866-markets-now-dow-jones-industrials-breach-20000.html 2017-01-25T21:24:00Z France issues record $7.5 billion in 'green bonds' https://www.mail.com/scitech/news/4922156-france-issues-record-75-billion-green-bonds.html PARIS (AP) — France has issued a record 7 billion euros ($7.5 billion) in so-called green treasury bonds, a boost to efforts to generate investment in clean energy. The French government celebrated the higher than expected demand for Tuesday's bond issue. President Francois Hollande called on others to follow France's example. The 22-ye... Tue, 24 Jan 2017 22:12:00 GMT https://www.mail.com/scitech/news/4922156-france-issues-record-75-billion-green-bonds.html 2017-01-24T22:12:00Z New study: Trump to inherit $559B deficit, stable economy https://www.mail.com/business/finance/4920792-study-trump-to-inherit-559b-deficit-stable-economy.html WASHINGTON (AP) — President Donald Trump has inherited a stable economy but a government that faces a worsening debt and deficit picture, congressional analysts said Tuesday. The estimates from the nonpartisan Congressional Budget Office say the economy will hold relatively steady, with economic growth rising slightly to 2.3 percent this year and unemployment averaging less ... Tue, 24 Jan 2017 18:29:00 GMT https://www.mail.com/business/finance/4920792-study-trump-to-inherit-559b-deficit-stable-economy.html 2017-01-24T18:29:00Z Average US 30-year mortgage rate falls to 4.09 percent https://www.mail.com/business/economy/4908970-average-us-30-year-mortgage-rate-falls-to-409-perc.html WASHINGTON (AP) — Long-term US mortgage rates marked their third week of declines this week, after snapping a nine-week run of increases. Mortgage buyer Freddie Mac said Thursday the rate on 30-year fixed-rate loans fell to an average 4.09 percent from 4.12 percent last week. That was still sharply higher than a 30-year rate that averaged 3.65 percent for all of 2016, the lo... Thu, 19 Jan 2017 16:18:00 GMT https://www.mail.com/business/economy/4908970-average-us-30-year-mortgage-rate-falls-to-409-perc.html 2017-01-19T16:18:00Z Average US 30-year mortgage rate falls to 4.12 percent https://www.mail.com/business/economy/4893040-average-us-30-year-mortgage-rate-falls-to-412-perc.html WASHINGTON (AP) — Long-term US mortgage rates fell this week, the second week of declines after snapping a nine-week run of increases. Mortgage buyer Freddie Mac said Thursday the rate on 30-year fixed-rate loans eased to an average 4.12 percent from 4.20 percent last week. That was still sharply higher than a 30-year rate that averaged 3.65 percent for all of 2016, the lowe... Thu, 12 Jan 2017 16:44:00 GMT https://www.mail.com/business/economy/4893040-average-us-30-year-mortgage-rate-falls-to-412-perc.html 2017-01-12T16:44:00Z Correction: Housing 2017-Outlook story https://www.mail.com/business/economy/4873162-correction-housing-2017-outlook-story.html In a story Jan. 4 about, The Associated Press reported erroneously that Fannie Mae and Freddie Mac will increased the limit of the mortgages they will buy from lenders next year. The limit was increased on Jan. 1. A corrected version of the story is below: Mortgage rates, home sales and prices seen rising in 2017 Buyers beware: 2017 is shaping up as a dif... Fri, 06 Jan 2017 23:26:00 GMT https://www.mail.com/business/economy/4873162-correction-housing-2017-outlook-story.html 2017-01-06T23:26:00Z Long-term mortgage rates fall, breaking 9-week rise https://www.mail.com/business/economy/4876304-long-term-mortgage-rates-fall-breaking-9-week-rise.html WASHINGTON (AP) — After nine straight weeks of increases, long-term US mortgage rates fell this week. Mortgage buyer Freddie Mac said Thursday the rate on 30-year fixed-rate loans declined to an average 4.20 percent from 4.32 percent last week. That was still sharply higher than a 30-year rate that averaged 3.65 percent for all of 2016, the lowest level recorded from records... Thu, 05 Jan 2017 17:03:00 GMT https://www.mail.com/business/economy/4876304-long-term-mortgage-rates-fall-breaking-9-week-rise.html 2017-01-05T17:03:00Z The Latest: Democrats tag 'most troublesome' Trump picks https://www.mail.com/news/politics/4873562-latest-democrats-tag-most-troublesome-trump-picks.html WASHINGTON (AP) — The Latest on Congress (all times EST): 5:30 p.m. Senate Minority Leader Chuck Schumer says Democrats have identified eight of President-elect Donald Trump's "most troublesome" Cabinet picks and are hoping for fair hearings on those nominees. Those potential nominees are Rex Tillerson for secretary o... Wed, 04 Jan 2017 22:56:00 GMT https://www.mail.com/news/politics/4873562-latest-democrats-tag-most-troublesome-trump-picks.html 2017-01-04T22:56:00Z GOP Sen. Rand Paul blasts party leaders for ignoring debt https://www.mail.com/business/finance/4874662-gop-sen-rand-paul-blasts-party-leaders-ignoring-de.html WASHINGTON (AP) — Republican Sen. Rand Paul on Wednesday blasted fellow GOP lawmakers for ignoring the government's spiraling debt problem in their rush to repeal President Barack Obama's health care law. Paul, who hails from the GOP's small-government, libertarian wing, was the sole Republican to oppose party leaders and President-elect Donald Trump on a... Wed, 04 Jan 2017 22:30:00 GMT https://www.mail.com/business/finance/4874662-gop-sen-rand-paul-blasts-party-leaders-ignoring-de.html 2017-01-04T22:30:00Z Japan tops China as largest holder of US Treasury debt https://www.mail.com/news/politics/4836676-japan-tops-china-largest-holder-us-treasury-debt.html WASHINGTON (AP) — Japan surpassed China in October as the largest foreign owner of U.S. Treasury securities, the first time the countries have swapped places in nearly two years. Total foreign holdings fell for a fourth month. The Treasury Department says that total foreign holdings dropped 1.9 percent to $6.04 trillion in October. Foreign holdings of Tre... Thu, 15 Dec 2016 21:41:00 GMT https://www.mail.com/news/politics/4836676-japan-tops-china-largest-holder-us-treasury-debt.html 2016-12-15T21:41:00Z Rates surging 5 weeks post-election; will home sales weaken? https://www.mail.com/business/economy/4835790-rates-surging-5-weeks-post-election-will-sales-wea.html WASHINGTON (AP) — Mortgage rates are still surging five weeks after Donald Trump's election victory. Will higher rates weaken prospective buyers' confidence next year and dampen home sales? While the job market is stable, the low mortgage rates that helped spur homebuying this year are disappearing in the rearview mirror. Steadily risin... Thu, 15 Dec 2016 21:01:00 GMT https://www.mail.com/business/economy/4835790-rates-surging-5-weeks-post-election-will-sales-wea.html 2016-12-15T21:01:00Z US 30-year average mortgage rate rises to 4.13 percent https://www.mail.com/business/economy/4817818-us-30-year-average-mortgage-rate-rises-to-413-perc.html WASHINGTON (AP) — Long-term U.S. mortgage rates climbed for the sixth straight week in the aftermath of Donald Trump's election win, marking new highs for the year. Mortgage giant Freddie Mac said Thursday the average rate on a 30-year fixed rate loan jumped this week to 4.13 percent from 4.08 percent the previous week. The benchmark rate surpassed its 3.95 percent level of ... Thu, 08 Dec 2016 16:24:00 GMT https://www.mail.com/business/economy/4817818-us-30-year-average-mortgage-rate-rises-to-413-perc.html 2016-12-08T16:24:00Z US 30-year average mortgage rate rises to 4.08 percent https://www.mail.com/business/economy/4799242-us-30-year-average-mortgage-rate-rises-to-408-perc.html WASHINGTON (AP) — Long-term U.S. mortgage rates marked a fifth week of surges in the aftermath of Donald Trump's election win, reaching their highest levels this year. Mortgage giant Freddie Mac said Thursday the average rate on a 30-year fixed rate loan rose to 4.08 percent from 4.03 percent the previous week. The benchmark rate topped its 3.93 percent level of a year ago. ... Thu, 01 Dec 2016 17:12:00 GMT https://www.mail.com/business/economy/4799242-us-30-year-average-mortgage-rate-rises-to-408-perc.html 2016-12-01T17:12:00Z