Sentences with phrase «budget crisis roiled»
Borrowers issued the fewest bonds in Australia in almost three years last quarter as Europe's budget crisis roiled markets, driving up yield premiums, while the nation's banks used record term deposits to cut debt offerings.
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Worldwide, markets have been roiled thanks in part to the ongoing Greek debt crisis, but also the United States's own issues with government debt and the federal government's inability to determine how to close the budget deficit.