Moody’s downgrade rating with Donald Trump administration: U.S. stock market, fiscal yields are feeling the heat

White House economic adviser Kevin Hassett on Monday dismissed the relegation of the remaining AAA-CREDIT ratings in the U.S. last week, a major rating agency, saying the move was not surprising.

Treasury yields rose and dollar and stock index futures fell after Moody’s moved on Friday.

Moody’s became the “AA1” with a sovereign credit rating of “AA1” for fear of its growing $36 trillion debt, the last of the three major credit institutions that lowered the country’s rating.
It first ranked the original “AAA” rating of the United States as the original “AAA” rating in 1919.

Worried about a massive tax bill by U.S. President Donald Trump is a persistent deficit and center, which was stalled for several days by the Republicans amid cuts in spending cuts – winning approval from a congressional committee.

Mark Haefele, chief investment officer at UBS Global Wealth Management, said in a note: “In general, we see this latest credit action as a title risk, not a fundamental shift in the market. Postic said in a comment to CNBC at the Fed Financial Markets Conference in Atlanta. “I think we will have to wait three to six months before we start seeing this problem,” Bostic said. ”

FAQ

Q1. What do we know about Moody’s downgrade rating?
A1. Moody’s became the “AA1” with a sovereign credit rating of “AA1” for fear of its growing $36 trillion debt, the last of the three major credit institutions that lowered the country’s rating.

Q2. What impact does Moody’s downgrade rating have on the U.S. stock market?
A2. Treasury yields rose and dollar and stock index futures fell after Moody’s moved on Friday.