Look at the AAA sovereigns rise… then fall, after 2010:
Charts from the BIS 82nd Annual Report. “Sovereigns have been losing their risk-free status at an alarming rate,” the BIS says.
The AAA bubble – FT Alphaville
This entry was posted by Joseph Cotterill on . Tagged with AAA, BIS, Capital Markets, CDS, Credit Ratings, Safe Assets, Sovereign Debt.