U.S. Debt Debate, Economy, Dollar

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July 26 (Bloomberg) -- Stephen Halmarick, Sydney-based head of investment markets research at Colonial First State Global Asset Management, talks about negotiations between U.S. lawmakers over the nation's debt limit and the outlook for the country's debt rating. President Barack Obama warned that burgeoning debt threatens to do "serious" damage to the economy and that Congress must compromise to address future deficits. Halmarick also discusses the U.S. bond market and dollar. He speaks from Sydney with Rishaad Salamat on Bloomberg Television's "On the Move Asia." (Source: Bloomberg)

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