ECONOMY

Treasury Yield Drops Despite S&P's Downgrade -- Graphic

Updated: August 9, 2011 | 8:46 a.m.
August 8, 2011 | 5:21 p.m.

Lost in the shock of plummeting stock markets Monday was some relieving news: interest rates on 10-year Treasury bonds fell, suggesting that investors still have faith in the federal government’s ability to honor its debt commitments despite Standard and Poor's downgrade of U.S. debt from AAA to AA+ on Friday. Few countries -- including many of the remaining AAA nations -- maintain a bond yield as low as that of the United States. (Note: All credit ratings are provided by S&P.)

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