credit rating

Financial analyst Gary Black, the managing partner at the Future Fund LLC, has issued a bold take on the U.S. fiscal health, likening the nation's debt to corporate debt levels and calling it “fairly low.” What Happened: In a post on X, Black argued that the U.S. debt-to-GDP ratio of...

Investors poured billions into long-dated U.S. Treasury ETFs in the days leading up to Moody's credit rating downgrade—raising fresh doubts over whether that confidence can endure as debt risks deepen. The iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)—the world’s biggest fixed-income ETF—...

The Moody's downgrade of U.S. credit on Friday sent shockwaves through markets, driving 30-year Treasury yields to 5% — a level unseen since October 2023 — reviving fears about debt sustainability and putting downward pressure on equity valuations across the board. Moody's decision marks the third...

Moody's Ratings has officially stripped the U.S. of its final AAA credit score — the highest mark of financial credibility — sparking political uproar and media alarm, yet market analysts and economists widely believe it will have limited impact on the broader financial system. What Did Moody's...

Fitch Ratings reaffirmed the U.S. sovereign credit rating at ‘AA+’ with a stable outlook Thursday, citing strengths like high per capita income and the financial flexibility afforded by the U.S. dollar. The rating agency also flagged growing concerns over escalating debt and increasing...

On the heels of upheaval in the U.S. House of Representatives, Fitch Ratings remains unwavering in its stance on the country’s credit. A potential U.S. government shutdown following the removal of U.S. Rep. Kevin McCarthy as House speaker will not impact the nation’s credit rating,...

U.S. Treasury yields experienced a significant surge on Wednesday, influenced by a combination of factors including elevated issuance plans and Fitch’s downgrade of the United States’ sovereign credit rating. The 10-year Treasury note briefly reached a yield of 4.1%, while the yield on...

U.S. Treasury Secretary Janet Yellen is publicly criticizing Fitch’s decision to downgrade the United States’ credit rating, a move that led to a significant drop in stock prices on Wednesday. The downgrade was deemed “entirely unwarranted” by Yellen. Yellen, during a...

The recent downgrade of the US sovereign credit rating from AAA to AA+ by Fitch Ratings has brought back memories of a similar event occurred exactly 12 years ago. On Aug. 6, 2011, S&P made history by downgrading the U.S. credit rating from AAA to AA+ for the first time since 1941. S&P...

In a move that sent shockwaves through global markets, Fitch Ratings downgraded the United States’ sovereign credit grade from AAA to AA+. This downgrade, echoing a move by S&P Global more than a decade ago, comes as a result of several concerning factors affecting the nation’s...

On Tuesday, Fitch downgraded the U.S. government’s top credit rating, a move that surprised investors and drew a strong response from the White House, despite the resolution of the debt ceiling crisis two months ago. What Happened: Fitch downgraded the United States to AA+ from AAA, citing...

Treasury Secretary Janet Yellen, while speaking at the meeting of Group of Seven finance officials, reportedly said failure to avert a looming default would spark a global downturn, risk undermining U.S. global economic leadership and raise questions about its ability to defend national security...

S&P Global has lowered its credit rating of Coinbase Global Inc (NASDAQ: COIN) citing a “negative” outlook for the cryptocurrency exchange. What Happened: S&P Global lowered its long-term issuer credit rating and unsecured debt ratings on Coinbase to ‘...

Johnson & Johnson (NYSE: JNJ) is borrowing $7.5 billion in bonds to help fund its purchase of Momenta Pharmaceuticals, Inc (NASDAQ: MNTA) as a series of companies tap the debt market to finance merger and acquisitions, Bloomberg reported Thursday. What Happened The multinational...

Shares of Equifax Inc. (NYSE: EFX) lost more than 14 percent Friday morning as investors are likely deeply concerned with the company's announcement that it suffered a major data breach affecting 143 million people. Analysts at JPMorgan felt it prudent to revisit their long-term thesis on Equifax...