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What does the Moody's rating downgrade mean for the economy?
The Moody’s announcement sent the yield on a 30-year Treasury bond to a high of 5.01% at one point on Monday. Bond yields rise as bond prices fall. When a selloff hits and demand for bonds dries up, it sends bond prices lower. In turn, bond yields move higher.
Changes to the country’s credit rating impact interest consumers pay on household debt like mortgages, car loans and credit ...
Royal Caribbean Cruises Ltd. regained its investment-grade status on Monday after Moody’s Ratings upgraded the global cruise ...
Stocks slumped at the open of trading on Monday after a downgrade of U.S. credit triggered a spike in debt yields that ...
Moody's had investment grade rating on U.S. debt, ahead of the 2008 global financial crisis, current downgrade "not shocking, ...
House Speaker Mike Johnson comments on Moody's downgrading the U.S. government's credit rating during an interview on "FOX ...
A U.S. sovereign downgrade by Moody's has exacerbated investor worries about a looming debt time-bomb that could spur bond ...
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