Moody's, credit tier
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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.
Even before talk of fresh unfunded tax cuts took center stage in the budget wrangling on Capitol Hill, US bond investors were making their views loud and clear: If the government keeps spending more than it takes in,
Moody's has joined the two other rating agencies in determining that the US is no longer fit to hold a AAA credit score.
The United States government lost its last AAA credit rating Friday evening with Moody’s Ratings downgrading the country to its
Moody's cuts the U.S. credit rating to AA+, aligning with S&P and Fitch. Economists say markets remain unfazed, despite rising debt concerns.
2don MSN
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 yield on both 10 and 30-year government bonds rose on Monday after another credit ratings agency downgraded the US on Friday.