Viincent Fernando writes at the Business Insider February 7: 

As Europe sinks deeper into its sovereign debt morass, America should be partly happy. That's because, on a relative basis, Europe is making the U.S. economy look better in the eyes of bond investors.

At a time when many have questioned investors' willingness to continue gobbling up American bonds, it thus should be comforting for the U.S. that a major alternative to U.S. bonds, Euro bonds, isn't looking as attractive as it used to. Japanese bonds aren't looking so hot either given Japan's economic challenges as well.

To read more, click this link:

http://www.businessinsider.com/europes-sovereign-debt-disaster-is-great-news-for-americas-debt-binge-2010-2