Moody, debt downgrade
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Moody's downgrade of the U.S. credit rating made it the third of the three major ratings agencies to downgrade U.S. credit since 2011 amid widening budget deficits.
Investors sold off U.S. debt over the weekend after a high-profile downgrade of the nation’s credit, stoking concern about rising borrowing costs as long-term Treasury yields spiked. The trend threatens to drive up interest rates for everything from credit cards to mortgages,
Decades of excessive spending by Congress has caused Moody's to lower America's credit rating. We'll look at federal revenue and spending over the past 59 years.
Mortgage rates jumped higher on Monday following Moody's downgrade of U.S. debt, adding to the headwinds facing homebuyers.
Moody’s decision to downgrade the U.S. credit rating may have far-reaching consequences for your money, experts say.
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If a planned fiscal consolidation in Colombia fails to stabilize public debt and comply with fiscal rules, it could lead to a ratings downgrade for the Andean nation, a top Moody's analyst said on Tuesday.
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
If the U.S.’s loss of its final perfect credit rating boosts yields on Treasury debt, it likely would boost the cost of borrowing for both companies and consumers.