http://www.reuters.com/finance/economy
Deficits and debts made clear
Fed's Bullard: May see asset sales late 2010
WASHINGTON (Reuters) - The Federal Reserve could sell some assets later this year in an effort to whittle down its bloated balance sheet to avoid inflation, a senior Federal Reserve official said on Monday.
5:13pm EST
ECB's Nowotny: Eurozone bonds no "crisis instrument"
VIENNA (Reuters) - Euro zone countries should not issue joint bonds as a way to allow less solvent countries to raise debt at the expense of others, European Central Bank Governing Council member Ewald Nowotny was quoted as saying.
5:50am EST
"The
Chinese central bank has a big interest in pan-European bonds rather than bonds of 'European provinces,' which is how they see individual European countries," he said. "This demand is currently not covered."
