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S&P cuts ratings outlook for the US of A

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Comments

  • edinburgher
    edinburgher Posts: 14,158 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I wonder whether the FTSE will ever recover from this mortal blow.

    Wait a minute....

    Huzzah - we're in the money again etc.!
  • LisbonLaura
    LisbonLaura Posts: 1,121 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    gagahouse wrote: »
    How is UK debt considered safer ? UK CDS currently trades @ 58.67, German CDS trading at 46.67

    I think Hamish must have missed this one.
    I'm bumping your question as I would also like to have the great one's answer.
  • gagahouse
    gagahouse Posts: 392 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    LisbonLaura wrote: »
    I think Hamish must have missed this one.
    I'm bumping your question as I would also like to have the great one's answer.

    He can't and won't because he's talking total !!!!!!!! again - he confused bond yield differentials in 5 yrs for credit risk because 5yr gilts traded below 5 yr bunds.
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