From the AP via The Daily News:

Michigan slipped in front of USC into second-place in the Bowl Championship Standings on Sunday, but there’s no reason for the Trojans to worry.

USC is still a solid No. 3 behind first-place Ohio State and Michigan. With the Buckeyes and Wolverines slated to meet on Nov. 18 in Columbus, Ohio, the Trojans remained in good shape to secure a spot in the BCS championship game with an undefeated regular season.

Michigan moves past USC in BCS [L.A. Daily News / AP]