Moodys downgraded US credit rating
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Strategists warned the move, announced after the market close on Friday, could spark some near-term selling in stocks and Treasurys.
Dalio fears the U.S. will “print money” to pay off its debts, which creates a different problem for bondholders.
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
All three major U.S. stock market indexes rose Monday afternoon, following an earlier selloff sparked by long-dated Treasury yields surpassing the 5% mark after the financial ratings agency Moody’s downgraded the U.
Changes to the country’s credit rating impact interest consumers pay on household debt like mortgages, car loans and credit cards
Royal Caribbean Cruises Ltd. regained its investment-grade status on Monday after Moody’s Ratings upgraded the global cruise operator’s credit rating on a strong demand outlook and better credit metrics.
Moody's had investment grade rating on U.S. debt, ahead of the 2008 global financial crisis, current downgrade "not shocking," says expert.