flickr-free-ic3d pan white

The Debt Ceiling Saga 2011

To the surprise of many, long-term interest rates in the Unites States actually fell in the wake of ratings downgrades earlier this year—and have continued to fall further since. It remains to be seen what effect recent downgrades in Europe will have, but if history is any lesson, don’t presume it automatically means rising interest rates.

1,486 views
2 faves
0 comments
Taken on January 13, 2012