Toma BROTE VERDE: Pimco’s Gross Says U.S. ‘Eventually’ Will Lose AAA

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May 21 (Bloomberg) -- Bill Gross, the co-chief investment officer of Pacific Investment Management Co., said the U.S. “eventually” will lose its AAA rating, but not any time soon.

“It’s certainly nothing that’s going to happen overnight,” Newport Beach, California-based Gross said in an interview today on Bloomberg Television. “The markets are beginning to anticipate the possibility.”

Standard & Poor’s lowered its outlook on the U.K.’s AAA credit rating today to “negative” from “stable” and said the nation faces a one-in-three chance of a rating cut as its debt approaches 100 percent of gross domestic product. U.S. debt is at about 80 percent of GDP, according to Bloomberg data.

A downgrade was not “imminent,” Gross earlier told CNBC after Reuters reported he said via e-mail the U.S. dollar, equities and government bonds fell on speculation the nation is at risk of losing its top credit rating.

The administration of President Barack Obama has pushed the nation’s marketable debt to an unprecedented $6.36 trillion and raised on May 11 its estimate for the deficit this year to a record $1.84 trillion, up 5 percent from the February estimate, and equal to about 13 percent of the nation’s GDP.

U.K., U.S. Debt

“Both the U.K. and the U.S. have perspective deficits of 10 percent annually as far as the eye can see,” Gross said. “At some point over the next several years, they may approach 100 percent of GDP, which is a level at which country downgrades tend to occur.”

The dollar dropped to a four-month low against the euro, the Standard & Poor’s 500 Index declined 1.8 percent and the 10- year Treasury yield rose 0.16 percentage point to 3.36 percent.

The U.S. will issue a record $3.25 trillion of debt in the fiscal year ending Sept. 30
, according to Goldman Sachs Group Inc., one of the 16 primary dealers that trade directly with the Fed and participate in Treasury auctions.

“The market knows and believes that both the U.S. and the U.K. are quite similar in terms of their debt levels and debt trends,” Gross said.

To contact the reporter on this story: Dakin Campbell in New York at dcampbell27@bloomberg.net
Last Updated: May 21, 2009 15:59 EDT
 
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A mi esto del AAA me parece que es para distraer. Las agencias de Rarting principales son aglosajonas. USA y UK nunca perderán el rating AAA a menos que estén a punto de petar. Son ganas de marear la perdiz.