Moodys downgraded US credit rating
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Yields in the Treasury market are rising, threatening to make it more expensive for consumers and the U.S. to manage debt.
The debt downgrade is raising concerns that investors could reevaluate their appetite for U.S. government bonds, with the potential for rising yields.
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.