Accounting rules are designed to enhance transparency and facilitate accurate financial valuation, but they can also mask an organisation’s true financial health. Today, a common accounting trick could be to cover up systemic risks in the US banking system by hiding the significant depreciation of commercial banks’ bond portfolios. When a company buys bonds such …
Tag: governent bonds
The Japanese sold off 41 billion of Eurozone debt in 6 months, leading to a generalized sell-off in bonds
Japanese investors have sold off eurozone government debt at the fastest pace in a decade, suggesting that the move by one of the major holders of European debt could lead to a sharp sell-off in the market. Gross online sales by Japanese buyers rose to 41 billion euros in the six months to November, the …