Independent rating analyst Sean Egan on the need to restructure debt

There has been little significant discussion of the need for real debt restructuring, either in the U.S. or in Europe. American taxpayers may be more linked to the European financial crisis than they realize. Dylan Ratigan talks to Sean Egan of Egan-Jones Ratings Company for insight into the U.S.’s risk profile in the global financial market.
RFD #65: Sean Egan by Dylan Ratigan

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Spenditol


Hat tip: Phil M.

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Bond market holding steady

The barometer of US interest rates, the 10 year Treasury yield, is so far holding steady amidst ongoing angst in Europe and logger-heads on the US debt ceiling.  Courtesy of Technical Analyst, Cory Venable.

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