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.
Yields in the Treasury market are rising, threatening to make it more expensive for consumers and the U.S. to manage debt.
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.
The Moody's downgrade is a widely expected move that doesn't change the status of Treasuries. It doesn't force institutions to sell. It just makes headlines.
Moody’s decision to lower the rating on U.S. government debt seems unlikely to shake up the corporate bond market too much.
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Moody's downgrade of the U.S. sovereign credit rating late Friday appeared to have a modest impact on corporate bond market activity on Monday, as spreads widened slightly and new bond sales started the week softer than expected.
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