Wall Street veteran Jim Bianco believes that the actual impact of this rating downgrade on the U.S. bond market may be "insignificant." The market panic in 2011 was that the U.S. Treasury Bond may no longer meet the conditions of qualified collateral, and many institutions were forced to sell U.S. debt. However, now that the system has been completely adjusted, rating changes will no longer trigger compulsory measures or selling. The U.S. credit rating has been downgraded again, and the U.S. bond market will usher in a riot moment in 2011? In 2011, after S&P downgraded the U.S. credit rating, U.S. stocks suffered a sharp sell-off, and the S&P 500 index fell more than 7% that day. U.S. debt also experienced...
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Moody's downgrades U.S. AAA rating, but this time it's much different from 2011
华尔街见闻05-18
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