US - Congress moved one step closer to sealing a deal on its debt ceiling, pushing down yields on 30-year government bonds.
Barack Obama gave his support to a deal proposed by the ‘Gang of Six', a mixture of Democrats and Republicans, which would stabilise US debt by 2014 and stave off further action by ratings agencies...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date