Greece will be forced to restructure its sovereign debt in June 2013 when a spate of longer-term notes will need to be rolled over, according to Patrick Armstrong.
Head of European high yield at Aberdeen believes low interest rate climate makes income from high-yield bonds more attractive to investors
Tim Geithner, the US Treasury secretary, shrugged off warnings from a leading ratings agency about the US public finances as he sought to reassure Wall Street he world's largest economy would be able to maintain its highly-prized AAA rating.
China has the economic scale, the financial firepower and world influence that should be the envy of most developed markets, says Neptune manager Douglas Turnbull.