Moody, Dow Jones and US government
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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.
11hon MSN
The Treasury plans to auction $16 billion of 20-year bonds, with results due just after 1 p.m. Eastern. The offering will mark the first auction of longer-duration Treasury bonds since Moody’s on Friday became the third and final rating agency to strip the U.S. of its top Triple-A credit rating.
Billionaire Ray Dalio weighed in on Moody’s recent downgrade of the U.S. creditworthiness, claiming the move understates the risk of government debt. Moody’s dropped the country from its
WASHINGTON (AP) — Moody’s Ratings stripped the U.S. government of its top credit rating Friday, citing successive governments’ failure to stop a rising tide of debt.
Recent tensions between Pakistan and India, including the May flare-up, are likely to have a greater negative impact on Pakistan’s growth than on India’s, says Moody’s
Moody's U.S. debt downgrade is raising concerns that investors could reevaluate their appetite for U.S. government bonds, with the potential for rising yields to put pressure on stocks that are trading at elevated valuations.
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