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

read more | digg story

No comments:

3-29-2026

  Pentagon preparing for weeks of ground operations in Iran, Washington Post reports White House App Found Tracking Users' Exact Locatio...