Debt forgiveness in few modified mortgages (The Nashua Telegraph)

Less than one in 50 mortgage modifications includes debt forgiveness, which is considered the surest way to prevent foreclosure. …

Japanese Bonds Decline as Stock Gains Reduce Demand for Debt (Bloomberg)

July 31 (Bloomberg) — Japan’s bonds fell for a second day, pushing up benchmark 10-year yields to a five-week high, as gains in regional stocks reduced demand for the relative safety of government debt.