Update 869: Treasuries Downgraded
Update 869 – Treasuries Downgraded:Causes, Costs of Moody’s Rating Cut The United States’ debt rating was downgraded from Aaa to Aa1 by Moody’s Ratings on Friday. The move makes Moody’s the final of the three major credit rating agencies to move the nation’s credit rating down from triple A to one notch below perfect. Moody’s …