A Shot Across the Bow

Click on Chart to Enlarge

S&P put the nation on notice that they could be subject to a bond rating decrease from the current AAA rating for US Debt.  The bond market celebrated by with a rate decline (and existing bonds increased in value), rather than a rate increase!  All in all, the warning increases the chances of a successful effort by the Congress to move the US Government toward a balance budget and control of the growing 14 Billion in Debt.  The chart of 5 Year treasury rates is shown above.  -JOHN

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If you would like John or Rosemarie Boyd to speak to your group or organization on financial planning or investment strategies contact Rosemarie at rboyd@boydstrategy.com or call her at 508-754-3226. The comments on this blog do not represent individual Investment, Tax or Legal Advice, and do not represent an offer to buy or sell any security. Consult the appropriate professional before acting on any idea seen here.