538: Why S&P's ratings are substandard and porous(fivethirtyeight.blogs.nytimes.com)

fivethirtyeight.blogs.nytimes.com

538: Why S&P's ratings are substandard and porous

http://fivethirtyeight.blogs.nytimes.com/2011/08/08/why-s-p-s-ratings-are-substandard-and-porous/?hp

1 comments

It looks like the bond market has decided to ignore them in this case: interest rates on U.S. debt are down following the downgrade, as people are buying them up, not selling them off.