Moody’s Downgrades USA Credit Rating From Aaa Earlier this week, we noted that short-dated USA sovereign CDS were trading wider than China and Greece as trade policy uncertainty and the debt ceiling ‘X-date’ loomed… …well, it appears Moody’s Rating Agency noted it too… because they just downgraded the Government of United States of America’s (US) long-term issuer and senior unsecured ratings to Aa1 from Aaa and changed the outlook to stable from negative. The one-notch cut comes more than a year after Moody’s changed its outlook on the US rating to negative, with Moody’s joining Fitch Ratings and S&P Global… — Continue at ZeroHedge News : Read More
