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  • The Effects of the Downgrade

    By now, you've no doubt heard that Standard & Poor's has downgraded the U.S. credit rating one notch. Let's first understand that this downgrade is more a political statement than a financial one. And it's not likely to affect U.S. Treasury yields much. I think we all agree that the...
    Posted to Daily Profit by Ian Wyatt on 08-08-2011
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