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The US' credit rating stands at AA+ by Fitch, one step below AAA, and the assessor has a stable outlook on the country

The United States was stripped of its top-tier sovereign credit grade by Fitch Ratings. Read more

Fitch Ratings stripped the U.S. of its top-tier sovereign credit rating, echoing a move S&P made more than a decade ago.

(Bloomberg) -- Investors will continue to scoop up Treasuries despite Fitch Ratings’ move to cut the US’ credit rating although the downgrade may spur some short-term volatility, according to analysts.Most Read from BloombergUS Stripped of AAA Rating by Fitch as Budget Deficits SwellUS, Europe Growing Alarmed by China’s Rush Into Legacy ChipsPoland Sends Troops to Belarus Border After Airspace BreachTrump Indicted on Federal Charges in 2020 Election ProbeMissing Goldman Sach...

The credit grader cut the US one level from AAA to AA+, echoing a move made more than a decade ago by S&P Global Ratings.

World's largest economy now rated below Luxembourg

Fitch cut the US one level from AAA to AA+, echoing a move made more than a decade ago by S&P Global Ratings.

(Bloomberg) -- Fitch Ratings’ downgrade of US government debt sparked criticism from Washington and Wall Street even amid unease that swollen fiscal deficits risk eventual turbulence in markets, the economy and next year’s presidential election.Most Read from BloombergFitch’s US Credit Downgrade Sparks Criticism Along With UneaseMissing Goldman Sachs Analyst Confirmed Dead by New York PolicePoland Sends Troops to Belarus Border After Airspace BreachTrump Indicted on Federal ...

Last time this happened the credit downgrade triggered a stock selloff around the world. Find out more