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 May Rise as Deflation Boosts Demand for Debt (Bloomberg)

July 31 (Bloomberg) — Japan’s bonds may rise, paring this week’s loss, as a government report today is expected to show deepening deflation that would boost the purchasing power of the fixed payments from debt.