US credit rating downgraded from AAA by Fitch
The US' credit rating stands at AA+ by Fitch, one step below AAA, and the assessor has a stable outlook on the country
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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 Sachs Analyst Confirmed D
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.