LeBas Interview on S&P, U.S. Credit Rating

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April 18 (Bloomberg) -- Guy LeBas, chief fixed-income strategist at Janney Montgomery Scott LLC, talks about market reaction to Standard & Poor's putting a “negative” outlook on the long-term AAA credit rating of the U.S. S&P cited a “material risk” the nation’s leaders will fail to deal with rising budget deficits and debt. LeBas speaks with Margaret Brennan on Bloomberg Television's "InBusiness." (Source: Bloomberg)

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