# S&P says 'I told you so' about US credit rating

**URL:** <https://boards.straightdope.com/t/s-p-says-i-told-you-so-about-us-credit-rating/670060>\
**Category:** Great Debates\
**Created:** [October 1, 2013, 12:45am UTC](https://boards.straightdope.com/t/s-p-says-i-told-you-so-about-us-credit-rating/670060 "2013-10-01T00:45:13Z")\
**Posts on this page:** 2\
**Page:** 6

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**Author:** ![deltasigma](https://avatars.discourse-cdn.com/v4/letter/d/e5b9ba/32.png) [@deltasigma](https://boards.straightdope.com/u/deltasigma)\
**Post date:** [October 18, 2013, 4:10pm UTC](https://boards.straightdope.com/t/s-p-says-i-told-you-so-about-us-credit-rating/670060/101 "2013-10-18T16:10:49Z")

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> [@Damuri\_Ajashi](#):
>
> Once again, YOU ARE ASSUMING A SET COUPON RATE. If the coupon rate is not yet set then bidding the rate should have NO EFFECT on the price of the bond.

ORLY?

Well, if you actually belief that, then I think I’ll just slowly back away now - while I still can. :eek:

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**Author:** ![Damuri\_Ajashi](https://avatars.discourse-cdn.com/v4/letter/d/898d66/32.png) [@Damuri\_Ajashi](https://boards.straightdope.com/u/Damuri_Ajashi)\
**Post date:** [October 18, 2013, 9:10pm UTC](https://boards.straightdope.com/t/s-p-says-i-told-you-so-about-us-credit-rating/670060/102 "2013-10-18T21:10:38Z")

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> [@deltasigma](#):
>
> ORLY?
> 
> Well, if you actually belief that, then I think I’ll just slowly back away now - while I still can. :eek:

What part of what I said do you think is incorrect? You really don’t know very much do you?

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