Sentence examples for historic default from inspiring English sources

NML originally bought cut-price government bonds back in 2000, a year before the nation's historic default.

That was a marked departure from the budget fights last year that threatened to shut down the government and even push it into a historic default.

According to Martin Fridson, a credit strategist, spreads in late February no longer reflected the return needed to compensate investors for the historic default rate on bonds.

The United States government will soon be unable to pay all its bills — causing what the Obama administration says will be a historic default on the federal debt.

The bank can thus reasonably manage its credit risks based on the historic default rates for the lending categories it specializes in.

Jim Reid, the credit strategist at Deutsche Bank, says swap spreads in the European high-yield market are now wide enough to compensate for the average historic default rate.

The historic muni default rate is less than 1%.

That's ten times the historic average default rate and triple the worst year on record.

Sen. Chuck Schumer (D) voted for the sequester deal that passed in August of 2011 as part of the Budget Control Act, allowing the nation to raise its borrowing limit and head off a historic national default.

Boehner revealed that as talks with Obama faltered in July 2011 on a deficit-reduction and debt limit increase deal, the country nearly was pushed into a historic debt default.

"It is an edict handed down by a tyrant, not a President". Wednesday night's compromise legislation -- which was signed by Obama early Thursday -- funded the federal government through Jan . 15 raised the debt ceiling until Feb. 7 and narrowly avoided a historic debt default.