Barone on the Bond Market

http://www.futureofcapitalism.com/2010/03/barone-on-the-bond-market

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Michael Barone has a new column out today arguing that the bond market is starting to indicate the costs of ObamaCare: "No wonder that Moody's declared last week that the Treasury is 'substantially' closer to losing its AAA bond rating." Which is the bigger news here, the U.S. about to lose its AAA bond rating, or a ratings agency finally making an intelligent judgment about risk?

by Ira Stoll | Mar 25, 2010 at 8:45 am Related Topics: Health Care, Press, Timothy Geithner receive the latest by email: subscribe to the free futureofcapitalism.com mailing list

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Title	By	Date
Given that there will soon be no AAA countries its not clear what it would mean. [88 words]	Lyle	Mar 25, 2010 13:43
Is Moody's a private company? [w/response] [70 words]	ben	Mar 25, 2010 10:05

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