Debt Reckoning: Moody’s Downgrades US Credit Amid Fiscal Freefall

On Friday, credit rating agency Moody’s downgraded the United States’ long-term credit rating from Aaa to Aa1, pointing to a decade of mounting debt and escalating interest payment pressures. The development lands amid intensifying recession concerns, turbulent trading conditions, and disjointed activity across bond markets. Triple-A No More—Moody’s Strips U.S. of Top Rating Amid Exploding […]

source https://news.bitcoin.com/debt-reckoning-moodys-downgrades-us-credit-amid-fiscal-freefall/