The United States risks a bond market crisis of the kind that engulfed the United Kingdom 18 months ago, sending yields soaring and sparking a run on the pound, according to Congress’s independent fiscal watchdog.
London (CNN) — The United States risks a bond market crisis of the kind that engulfed the United Kingdom 18 months ago, sending yields soaring and sparking a run on
The credit rating agency Moody’s Investors Service has lowered its outlook on the U.S. government’s debt to “negative” from “stable.” In a statement Friday, the agency cited the cost of