Articles About Bond Yields
- Author:
- James I. Clark III
- Posted:
- 11.22.2011
S&P Computer Error Briefly Downgrades France’s Credit Rating
Whoops! Someone has a red face. France’s credit ratings have not been downgraded by Standard & Poor’s (S&P) and apparently resulted from an accidental transmission of a message that it had downgraded the nation’s credit. S&P’s error roiled global equity, bond, currency and commodity markets when it sent and then corrected the erroneous message. “As […]