News@lemmy.world · 2 months ago

Moody’s strips US of top-notch triple-A credit rating

www.ft.com

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Moody’s strips US of top-notch triple-A credit rating

www.ft.com

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News@lemmy.world · 2 months ago

Agency warns of strains caused by rising government debt and a widening budget deficit

Yields on US government bonds rose in response to the news, with the benchmark 10-year Treasury yield up 0.03 percentage points after the announcement to 4.48 per cent. The rise in yield represents a fall in price.

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2 months ago
I’m so happy that I sunk a lot of money into other currencies a few months ago.

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