Higher bond yields can result from stronger economic-growth expectations, fiscal worries or higher inflation.
Despite the build-up of a fund financed from oil revenues, the country still faces long-term fiscal worries as an ageing population increases health and pension costs.
If China is different — and China is — it is because fiscal worries on the diminutive scale of Athens hardly register on Beijing's blotter.
There remain several other big fiscal worries, including the move that same day by Standard & Poor's to downgrade California debt to the lowest rating of any state.
But while these changes may help to ease concerns over the immediate threat to the UK's credit rating, fiscal worries are certainly not about to evaporate altogether.
So despite Cascadden's off-season thumb surgery, and a deal that will cost the Jets up to $2.3 million for three years, and their own potential fiscal worries, he has been signed.
As one associate said, "The next three or four months could kill him". Mr. Cuomo's situation both as Governor and as a potential presidential candidate is further complicated by the deepening fiscal worries facing New York City.
The agency is one of the county's biggest fiscal worries, since Nassau pays $50 million a year in subsidies and fees and guarantees the agency's $256 million debt repayment, Mr. Weitzman said.
To the Editor: One has to wonder why, after so many years of not raising taxes on the wealthy, we still face the high unemployment, huge deficit and grave fiscal worries that Republicans promise us will happen if the tax rates are raised.
