US Treasuries Show Lower Yields Than Before S&P Downgrade
Unless someone misread the S&P downgrade and it downgraded the global equities market, much egg on the face of the clowns at S&P, as the yield on benchmark 10-year US Treasury is now lower than prior to Standard & Poor's downgrade.
S&P spoke, and nobody cared. This should be the end of S&P's sovereign debt ratings. When no one pays attention to you, what's the point?
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