Moody, downgrade and interest rates
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The debt downgrade is raising concerns that investors could reevaluate their appetite for U.S. government bonds, with the potential for rising yields.
The Philippine central bank may consider reducing its holdings of US Treasuries after Moody’s Ratings downgraded the US’ credit score, according to Governor Eli Remolona.
Moody's U.S. debt downgrade is raising concerns that investors could reevaluate their appetite for U.S. government bonds, with the potential for rising yields to put pressure on stocks that are trading at elevated valuations.
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House Majority Whip Tom Emmer (R-MN) joined ABC News Live with a reaction to the House passing President Donald Trump's spending bill.
Yields in the Treasury market are rising, threatening to make it more expensive for consumers and the U.S. to manage debt.
The Moody's downgrade is a widely expected move that doesn't change the status of Treasuries. It doesn't force institutions to sell. It just makes headlines.