Downgrades & Deleveraging
Bond Market Perspectives...
- Treasuries remain at risk of losing their coveted AAA rating despite the fact Congress has finally agreed on a debt limit deal.
- In the event Treasuries do get downgraded, we do not see the key ingredients of a forced selling environment prevalent in today’s financial markets similar to the one witnessed in 2008.
Lincoln Savings Bank and LSB Financial are pleased to provide the above Bond Market Perspective for the week of August 3, 2011. It is prepared by LPL FINANCIAL RESEARCH, the broker-dealer partner for Lincoln Savings Bank and LSB Financial. The above commentary and others like it can be found at www.mylsb.com/investments/commentary.aspx
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This information is being provided by Lincoln Savings Bank (LSB) / LSB Financial, an Iowa-based institution devoted to providing complete financial services since 1902. www.mylsb.com
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Labels: bond market, debt ceiling, LSB, LSB Financial, treasuries
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