Did you hear about the new types of Treasury bonds to be issued to avoid default?

Whether they sign or not, it appears greece will need a new bailout to avoid default in march anyway.

The action helped the city avoid default on its bonds.

My first priority is to avoid default," he says.

But part of the market reaction also reflects the nation's struggle to avoid default.

The conditions are meant to help the country avoid default on its foreign debt.

First, most importantly - and both sides agree on this - it avoids default.

And most people already see that avoiding default is a huge benefit for bankers, and who wants to save them?

President Obama spoke in support of a bipartisan deal to reduce the nation's deficit and avoid default.

That's why the finance minister of every emerging country will do whatever he can to avoid default.