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
Original article from bitcoin.com
Source: bitcoin.com
Published: May 17, 2025