S&P estimates a U.S. rating downgrade costing bond investors $100B as yields rise....

|By:, SA News Editor

S&P estimates a U.S. rating downgrade costing bond investors $100B as yields rise. Additionally, the government will face higher costs to finance its deficit. A reminder: Japan has had numerous downgrades over the past decade, only to see its financing costs continue to drop to nearly unimaginable levels.