A warning shot to the Treasuries market
FT News Briefing
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Navigating the Risk of U.S. Debt and Credit Rating
This chapter delves into the U.S. fiscal deficit and the potential risks of default as highlighted by Moody's credit rating. It also discusses the contentious debate over a tax cut bill in Congress and the historical context of the U.S. losing its AAA rating due to budgetary conflicts.
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