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The Treasury's next round of auctions is about to kick off, giving markets a chance to see how investors respond to the U.S.'s deteriorating fiscal outlook.
A record 76% share of July's Treasury auctions went to domestic investment funds, according to Oxford Economics. Here's what to know about a lot more supply...
Credit rating agency Fitch downgraded US’ rating due to an "erosion of governance". White House and Treasury Secy left unimpressed.
Months after the political tussle between US President Joe Biden and Republicans over raising the debt ceiling, Fitch downgraded the US credit rating from AAA to AA+. The White House strongly disagreed with the move.
Fitch downgraded the United States' top-notch credit rating by a step on Tuesday, citing a growing federal debt burden and an "erosion of governance" that has manifested in debt limit standoffs.