Moody’s Downgrade and Key Events Shape Monday Markets

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BondWatch Editorial

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Today’s Brief U.S. Credit Rating Downgraded by Moody’s: Credit rating agency Moody’s downgraded the U.S. long-term issuer and senior unsecured ratings from Aaa to Aa1. This action, taken late Friday or after the close, was attributed to the significant increase in government debt and interest payment ratios over the past decade compared to similarly rated…...

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