Moodys downgraded US credit rating
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Moody’s still has a perfect Aaa rating on Apple’s bonds. Yields for long-term Apple debt are higher than the 10-Year Treasury as well.
Dalio fears the U.S. will “print money” to pay off its debts, which creates a different problem for bondholders.
Years of rising deficits and budget chaos finally caught up with the U.S. credit rating Friday when Moody’s Investor Service downgraded the government, stripping its last triple-A rating.
The ratings firm marked WBD down to BB+ on overall cable TV weakness as the Hollywood studio pivots to the streaming space.
Despite Friday's U.S. credit-rating downgrade, fiscal concerns are unlikely to drive markets for very long. Yes, investors are more worried about the federal government’s borrowing than usual. The tra
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Changes to the country’s credit rating can have a direct impact on how much interest consumers pay on household debt like mortgages, car loans and credit cards.
A new report finds a direct link to foreclosures from climate change and suggests as lenders factor that risk into underwriting, it could alter credit scores.
In a separate interview on Fox Business Network’s “Mornings with Maria” on Monday, Hassett called U.S. debt “the safest bet on Earth,” but similarly said that the new rating is “backward looking” and is “penalizing us for all the reckless spending of the Biden administration” — all while predicting an economic “liftoff.”