| 1 | And then, as the euro crisis hit, the yield on Treasurys plunged. | |
| 2 | Believe Bill Gross' when he says dump Treasurys, and buy his emerging country bonds? | |
| 3 | That is hardly surprising, given that Treasury prices are used as the reference rate for most other credit markets. | |
| 4 | Euro denominated assets are a possibility, though there's not really something such as a European treasury bill. | |
| 5 | According to analysis from JP Morgan, the downgrading means interest rates for US treasury bonds could increase by 60 to 70 basis points. |
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