Tagged: S&P

Why Treasury Yields went down when US was downgraded ?

Why Treasury Yields went down when US was downgraded ?

This was a phenomenon which one hardly sees in his lifetime. When US was downgraded from triple A rating to AA+ by S&P on 8 Aug 2011, it was thought US Treasury yields would...

S&P further downgrades Greece to CC long term rating and C short Term rating

S&P further downgrades Greece to CC long term rating and C short Term rating

Overview Following review of the July 21 statement by the European Council (EC), Standard & Poor’s has concluded that the proposed restructuring, in the form of an exchange into discount or par bonds or...

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