Tag Archives: U.S. Treasuries

Sic Transit Gloria Mundi: S&P Lowers America’s Credit Rating

Sic transit gloria mundi How doth the busy bee Dum vivimus vivamus I stay my enemy! — Emily Dickinson opening to a poem she published in the Springfield Daily Republican in 1852, a newspaper associated with the founding of the Republican … Continue reading

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Posted in Business, Finance and Economics, Media, Policy, Politics, Predictions, Taxes | Tagged , , , , , , , , | 14 Comments

Smart Money Sells U.S. Treasuries

One of the world’s largest and most respected bond funds announced Wednesday it had reduced its exposure to U.S. government securities to zero in light of rising yields, which are inversely related to a bond’s value. Given the right’s refusal … Continue reading

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Posted in Business, Finance and Economics, Investing, Policy, Politics | Tagged , , , , | 3 Comments