S and P on the UK

May 21st, 2009 6:09 am | by John Jansen |

S and P has maintained it AAA rating on 19th century superpower, the United Kingdom, but has revised its outlook to negative. S and P cited the country’s increasing debt burden for the move.

The Bloomberg story notes that UK bond spreads versus Bunds widened about 9 basis points after the news.

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  2. May 21, 2009: Photomaniacal » Blog Archive » United Kingdom’s Negative Rating Outlook

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