One of the “Big Three” credit reporting agencies that rate government bonds and securities on Tuesday issued a warning that the U.S. could lose its coveted AAA status over issues currently hanging over American democracy.
In a “rating action commentary” published just minutes after markets closed Fitch Ratings said it “has affirmed the United States’ Long-Term Foreign Currency Issuer Default Rating (IDR) at ‘AAA,'” but warned: “The Rating Outlook is Negative.”
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