Saturday, May 23, 2009

US Treasuries tumble, investors fear UK style downgrade

U.S. Treasuries tumbled on Thursday, giving yields their biggest single-day jump in two weeks, when U.S. assets came under pressure due to concerns about the U.S. government's indebtedness.The anxiety came from Standard & Poor's announcement earlier that it could downgrade Britain's triple-A credit rating, which reminded investors that Britain

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