Tuesday 26 April 2011

Roubini On US Downgrade: Bond Market Revolt Won’t Happen

http://blogs.forbes.com/afontevecchia/2011/04/20/roubini-on-us-downgrade-bond-market-revolt-wont-happen/

Extract

 Yet the renowned NYU economist said that “a bond market revolt is not at all easy to engineer in the United States” as “there is no safer asset destination on the planet than the United States, which has the third-longest-running system of government in the world, despite being a young nation.”

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