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22 May 2025 / Article
The United States’ sovereign debt was downgraded on May 16 by a third major credit rating agency. The US being removed from the AAA sovereign credit ratings club could be the trickle that turns into a flood of actions that imperil not only the US bond market, but the entire global economy and financial system as well.
The United States’ sovereign debt was downgraded on May 16 by a third major credit rating agency. The US being removed from the AAA sovereign credit ratings club could be the trickle that turns into a flood of actions that imperil not only the US bond market, but the entire global economy and financial system as well.
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