US Debt was downgraded by Moody’s on Friday after the stock market closed. While this seems disconcerting, the effect of this downgrade will be de minimis in its outcome. While we may see higher rates on the 30-yr treasury at over 5% yield. The downgrade will have a relatively small effect.
If you are looking for other options in fixed income bear market outside of a traditional bond portfolio, please call Lyle Himebaugh at 203-210-7814
Granite Group Advisors 