Moodys downgraded US credit rating
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The debt downgrade is raising concerns that investors could reevaluate their appetite for U.S. government bonds, with the potential for rising yields.
Moody's U.S. debt downgrade is raising concerns that investors could reevaluate their appetite for U.S. government bonds, with the potential for rising yields to put pressure on stocks that are trading at elevated valuations.
Yields in the Treasury market are rising, threatening to make it more expensive for consumers and the U.S. to manage debt.
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Axios on MSNThe real message of the Moody's downgradeThe U.S. government is spending far more than it takes in as revenue, causing ever-rising debt — and there is no sign that will change anytime soon. The big picture: Those facts are well-known to anybody who has taken a cursory look at the government's books.
The move came as Republicans seek to approve a large package of tax cuts, spending hikes and safety-net reductions which could add trillions of dollars in U.S. debt.
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Moody’s decision to lower the rating on U.S. government debt seems unlikely to shake up the corporate bond market too much.
Sen. Ashley Moody will roll out a measure Wednesday that will expedite the removal of criminal illegal immigrants from the United States involved in gangs, foreign terrorist organizations or convicted of any felony on U.
Moody’s Ratings has joined Fitch Ratings and S&P Global Ratings as the last credit agencies to downgrade the U.S. economy, the world’s largest. The agency cited the country’s