Today’s brief commentary piece tracks the US Treasury Yield curve of 5 August 2011 (before the Standard & Poor’s downgrade announcement) and the closing rate on 10 August 2011.
As can be observed, across the board, the T-Bill yields of 10 August are lower than on 5 August 2011.
It begs the question:
Is a ratings agency downgrade actually good for business?
The table below reinforces the point:
At least the volatility we have been observing in the stock markets of late, has not yet manifested itself in the capital markets. How long can this continue?
Tagged: 2011, Analysis, Blogging, Blogs, Capital Markets, Confidence, Economics, Economy, Fiduciary, Free Market, Interest Rates, market confidence, Monetarism, Monetary Economics, Opinion, Political Economy, Politics, Ratings Agencies, Reflection, Risk Management, T-Bills, theMarketSoul, Thoughts, US T-Bills, us treasuries, US Treasury Yield Curves, Yield Curves
