So U.S. downgrade was supposed to boost interest rates, eh?

By Mark Lacter | September 2, 2011 12:32 PM

The yield on a 10-year Treasury note just fell to 1.99 percent, reflecting surging demand. See, U.S. Treasuries, in spite of everything, remain a safe haven for the world's investors. Of course, if you're just looking for a way to earn some interest on your money, you're kinda out of luck.


More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAX
Socal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
Recent stories:
Letter from Down Under: Welcome to the Homogenocene
One last Florida photo
Signs of Saturday: No refund
'I Am Woman,' hear them roar
Bobcat crossing
Previous story: Long-term unemployed a huge problem

Next story: *Does Obama's decision not to raise ozone standards affect California?

LA Observed front page | Media | Politics | Business | Arts | Place
New at LA Observed
Testing testing
Another owl in another oak
Another shot of that handsome owl
Two minutes with a great horned owl
IT RAINED!
Happy birthday Teddy!
Yes, still here. Yes, still struggling in the spooky silence of a shuttered LAO
The marine layer these days
Vista
An update from the world's worst blogger
On the Media Page
spectrum1-staff-grab.jpg Can Spectrum News 1 capture diverse L.A?
My Herald Examiner days
Goodbye, Downtown L.A.: One heck of a ride comes to an end
Jury speaks loudly in Simers v. The Los Angeles Times
A top LA Times editor says task is "daunting"
Go to Media

On the Politics Page
bill-300.jpg SB 50: It will be a fight to remember
The Philosopher Mayor
USC's Crosstown: Saving L.A. by the numbers
Supervisor Barger worries about the homeless
Galperin's numbers fall short of telling homeless story
Go to Politics
Arts and culture
the_present_photo.jpg 'The Present'...and the fuzzy future of L.A. theater
The sea is dying, the art lives
A haunting look back at the Weimar Republic
Meet Jane Doe...and '$5 Shakespeare'
Breakouts from Kennedy Center to Disney Hall
Go to Arts and culture

Sign up for daily email from LA Observed

Enter your email address:

Delivered by FeedBurner


Advertisement
Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
LA Observed on Twitter and Facebook