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Moody's Pushes U.S. Out Of Elite 'AAA' Credit Club, Citing Rising Debt
(Reuters) - Moody’s on Friday cut the U.S. credit rating by one notch, citing rising debt and interest payments that outpace those of similarly rated sovereigns, in a move that marks the end of an era as Moody’s was the last major agency to maintain a triple-A rating for U.S. sovereign debt.
Moody's Downgrades U.S. Sovereign Rating Amid Rising Debt Concerns
Moody's downgraded the U.S. sovereign rating from 'Aaa' to 'Aa1', sparking concerns over the increasing national debt. This development influenced U.S. stock index futures and Treasury yields, further affecting the market as major stocks trended lower.
U.S. Treasury yields spiked on Monday after Moody’s downgraded the U.S.’ credit rating, citing fiscal concerns.
Moody’s Ratings decision last week to lower the US credit rating to Aa1 from Aaa, (the highest investment-grade position) ...
Moody's had investment grade rating on U.S. debt, ahead of the 2008 global financial crisis, current downgrade "not shocking, ...
Even before talk of fresh unfunded tax cuts took center stage in the budget wrangling on Capitol Hill, US bond investors were ...
The ratings agency late on Friday downgraded the U.S. sovereign credit rating to "Aa1" from "Aaa", due to concerns about the ...
Rising deficits, reduced foreign demand, and investor unease over trade policy drive bond market turbulence and broader risk ...
Gold prices edged higher on Monday, finding support from escalating concerns over the US economic outlook and its burgeoning ...
Investors faced yet another bumpy start to the trading week with US assets coming under fresh pressure, although it’s ...
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