Михаил, рейтинг дейтвтельмо понизили по слоавм *S & P *из за републиканской * партии . оБ этом напрямую було сказанно в заявлении *S & P

So aug 1 (a week before downgrade the yield on 30 year bond was <span style="background-color: rgb(255, 255, 255); color: rgb(42, 42, 42); font-family: Arial, Helvetica, sans-serif; line-height: 17px; ">4.07)
And today it's
<span style="background-color: rgb(255, 255, 255); color: rgb(42, 42, 42); font-family: Arial, Helvetica, sans-serif; line-height: 17px; ">2.99
Like OMFG, what happened?

sorry, was 4.07, now 2.99
***********.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx?data=yieldYear&year=2011

The agreement between Republicans and Democrats raised thenation’s debt ceiling until 2013 and threatens automaticspending cuts to enforce the $2.4 trillion in spendingreductions over the next 10 years.
Even with the accord, S&P said the U.S.’s debt may rise to74 percent of gross domestic product by year-end, to 79 percentin 2015 and 85 percent by 2021.
S&P also changed its assumption that the 2001 and 2003 taxcuts enacted under President George W. Bush would expire by theend of 2012 “because the majority of Republicans in Congresscontinue to resist any measure that would raise revenues.”

Obama has said a rating cut may hurt the broader economy byincreasing consumer borrowing costs tied to Treasury rates. Anincrease in Treasury yields of 50 basis points would reduce U.S.economic growth by about 0.4 percentage points, JPMorgan said ina report, citing Fed research and data.
“The minute you start downgrading away from AAA, you takesmall steps toward credit risk and that is something any countrywould like to avoid,” Mohamed El-Erian, chief executive and co-chief investment officer at Pacific Investment Management Co.,said in a Bloomberg Television interview.

So, Andej, what happened to our interest after the ratings cut? How much did it go up by?

A U.S. credit-rating cut would likely raise the nation’sborrowing costs by increasing Treasury yields by 60 basis pointsto 70 basis points over the “medium term,” JPMorgan’s Terry Belton said on a July 26 conference call hosted by theSecurities Industry and Financial Markets Association.
“That impact on Treasury rates is significant,” Belton,global head of fixed-income strategy at JPMorgan, said duringthe call. “That $100 billion a year is money being used forhigher interest rates and that’s money being taken away fromother goods and services.”

it's not so hard to figure it out.. investors totally ignored S&P ratings change, just like they have done it every time in the past. If you look an yield curves for different countries, there is virtually no correlation to S&P ratings

if I had a dollar every time прогноз исполнился.. i would still be f.cken broke :)

***********.npr.org/blogs/thetwo-way/2011/07/27/138748936/chart-the-difference-between-a-double-a-and-triple-a-rating