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: Instapundit.com

CHANGE: Bloomberg: Obama Paying More Than Buffett as Bonds Show U.S. Losing AAA. ?The bond market?

By Glenn Reynolds

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CHANGE: Bloomberg: Obama Paying More Than Buffett as Bonds Show U.S. Losing AAA. “The bond market is saying that it?s safer to lend to Warren Buffett than Barack Obama. Two-year notes sold by the billionaire?s Berkshire Hathaway Inc. in February yield 3.5 basis points less than Treasuries of similar maturity, according to data compiled by Bloomberg. Procter & Gamble Co., Johnson & Johnson and Lowe?s Cos. debt also traded at lower yields in recent weeks.”


Full post as published by Instapundit.com on March 22, 2010 (boomark / email).

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