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I don't know. The Govt needs to borrow money to pay its credit that it runs up, and there is surprise that the bond grades drop. Sounds to me like its a long time coming.
not necessary an untrue call, but S & P is really just one opinion
Good point. But hey, maybe this will drive up the yield. Buy, buy, buy!
I don't know. The Govt needs to borrow money to pay its credit that it runs up, and there is surprise that the bond grades drop. Sounds to me like its a long time coming.
ReplyDeletenot necessary an untrue call, but S & P is really just one opinion
ReplyDeleteGood point. But hey, maybe this will drive up the yield. Buy, buy, buy!
ReplyDelete