Monday, Apr 05, 2010
Ok where now? borrow more money?
Yahoo: Investors rethink US/UK safety as debt surges
A surge in public borrowing in Britain and the United States has distorted historic market relationships and may have put to rest the long-held notion of risk-free U.S. and U.K. government debt.
For the first time on record, investors are demanding higher premiums on U.S. and U.K. government bonds than on debt issued between top-rated banks in the two countries.
Posted by mark @ 12:19 PM (398 views) Add Comment
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