U.S. credit rating: How the S&P 500 reacted to 2011 downgrade

#yahoofinance #credit #sp500

In 2011, credit agency Standard & Poor's downgraded the U.S. credit rating from AAA to AA+. Now, a full twelve years later, Fitch Ratings has done the same over the United States' "erosion of governance" in handling of its federal debt. Yahoo Finance Markets Reporter Jared Blikre takes a look back at how the S&P 500 and 10-Year Treasury Yields reacted to the 2011 downgrade.

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