Given that there will soon be no AAA countries its not clear what it would mean.

Reader comment on: Barone on the Bond Market

Submitted by Lyle (United States), Mar 25, 2010 13:43

The UK is in danger, the whole Euro zone is in danger, China is not AAA yet, There may soon be no AAA countries just like there are almost no AAA companies left. If bond rating is a curve is it just that we have chopped the top of the tree off. Now this may well just mean that you want the safest you can find, but that nothing is absolutly safe. Also this may be Moody's et.al. trying to stop the Congress from cracking down on them.

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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]LyleMar 25, 2010 13:43
Is Moody's a private company?
[w/response] [70 words]		benMar 25, 2010 10:05

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