19.04.2011 Opalesque Exclusive: Roubini sees sovereign debt default and restructuring risks higher in Eurozone than in U.S.
Benedicte Gravrand, Opalesque Geneva:

We live in a sea of sovereign debt, fears of which are creating storms in the financial markets. Only yesterday, Standard & Poor’s cut its outlook on U.S. sovereign debt for the first time from "stable" to "negative". The FTSE All World index then went down 2.1% and the S&P 500 slumped 1.9%. Meanwhile, yields on Greece’s three-year bonds surged to more th

Article source: https://www.pershing.com/assets/whitepapers/States_and_Sovereigns_Eurozone_and_US_State_Debt_Woes.html - Opalesque is not responsible for the content of external internet sites
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