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You'd think so, wouldn't you? On the other hand, where else are you gonna put your money?
by hugh3 15y ago
You'd think so, wouldn't you?
On the other hand, where else are you gonna put your money?
- _delirium 15y agoIn this case I'm not too surprised at the lack of change, mostly because unlike with a little-known corporate bond or an inscrutable country nobody has info on, the S&P ratings don't really add new information that any economic analyst didn't already know about U.S. Treasury bonds. So, assuming anything remotely approaching an efficient market, any information S&P based its ratings decision on should've already been priced into the bond prices, because it was information everyone else has also had for a while now.