Market gives Buffett's Berkshire a better rate than Treasuries

03/22/2010 | Bloomberg

Possibly indicating that the U.S. is closer to losing its triple-A credit rating, the bond market gave Berkshire Hathaway a lower interest rate for some maturities than it offers for similar Treasuries. Berkshire's two-year notes yield 3.5 basis points less than Treasuries with comparable maturity, according to Bloomberg. Other corporate debt also has traded below Treasuries in recent weeks, Bloomberg reported.

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