Look up the credit ratings of different countries. Find a country that has a credit rating of AAA (or Aaa) and one that has a credit rating of CCC or D. Based on the countries that you have selected, discuss why you think the country has this kind of rating and how it will impact its ability to borrow?
On The Wall Street Journal locate AND list the yields on government bonds for two countries. This can be found in the "Market Data" Center. Can you find a country whose 10-year government bond yield was above that of the U.S. 10-year Treasury bond? How about a country whose 10-year yield was below that of the US Treasury yield? What might account for these differences in yields between countries? Explain