Moodys downgraded US credit rating
Digest more
Ray Dalio warns that Moody's credit downgrade doesn't reflect the risks of money printing by the federal government in order to pay off debt.
Treasury Secretary Scott Bessent downplayed the U.S. credit downgrade as a "lagging indicator" of economic and fiscal conditions, after Moody's took the U.S. off its top tier.
Moody’s has downgraded the US’ credit rating months after US President Donald Trump was sworn in for a second term. It comes as the United States has been witnessing financial and economic uncertainty over Trump’s trade policies.
By Caroline Valetkevitch and Samuel Indyk NEW YORK/LONDON (Reuters) -Longer-dated Treasury yields gained while global stock indexes and the dollar eased on Monday amid concerns about a U.S. tax bill and the U.