from King World News
The big question on everyone’s mind is, will the US suffer a credit rating downgrade? Below there is also a look at the gold takedown and a few other surprises.
Meanwhile…
May 25 (King World News) – Otavio Costa: Foreign holdings of US Treasuries just reached the lowest level in 19 years. This concern is further amplified by the diminishing availability of buyers for Treasury securities. Market participants are beginning to recognize that the true risk this time around lies not in the failure to reach a debt ceiling agreement, but rather in the escalating and concerning nature of the debt problem…