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Moody’s Downgrades US Credit Rating For First Time In Over A Century Pressuring Trump Agenda
The downgrade marks the end of an era: Moody’s had maintained a pristine “Aaa” rating on the United States since first assigning it in 1919. It is the last of the three major credit rating agencies to lower its assessment of U.S. creditworthiness, following earlier cuts by Fitch and Standard & Poor’s.
Treasury Secretary Scott Bessent downplayed the U.S. credit downgrade as a "lagging indicator" of economic and fiscal ...
Moody's downgrade of the U.S. sovereign credit rating late Friday appeared to have a modest impact on corporate bond market ...
Mortgage bonds supported by government-backed companies like Fannie Mae and Freddie Mac were trading slightly wider Monday ...
The yield on both 10 and 30-year government bonds rose on Monday after another credit ratings agency downgraded the US on ...
The move came as Republicans seek to approve a large package of tax cuts, spending hikes and safety-net reductions which ...
White House National Economic Council Director Kevin Hassett criticized Moody’s Ratings over its decision to lower the US ...
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