This 6-pillar curriculum teaches the basic literacy we need to be personally and financially successful and to do so in a manner in which together we evolve a culture that supports the emergence of an advanced human civilization.
The premium investors seek to hold Greek debt has soared today following a day when Standard and Poor’s downgraded Greek’s credit rating to junk status. The premium for a 10-year Greek note over the German bund increased to 995 basis points, the highest since 1995. Moreover, the 2-year Greek bond yield briefly rose to more than 38% earlier, eight times the level at which the EU plans to lend to Greece.
The US and German government bonds are benefiting as investors flee to safer bets. The yield on a 10-year US note dropped to 3.684 while the yield for the 30-year note dropped to 4.573. Bond price and yields move in opposite directions.
