Yesterday’s Fitch downgrade of the United States launched the usual amount of silliness (my contribution above). Rating agency discussions are good way of distinguishing people who are familiar with the bond markets with those who are not. The following two things can be true at the same time.
Fitch!
Fitch!
Fitch!
Yesterday’s Fitch downgrade of the United States launched the usual amount of silliness (my contribution above). Rating agency discussions are good way of distinguishing people who are familiar with the bond markets with those who are not. The following two things can be true at the same time.