Moody's downgrades US credit rating to Aa1 amid cautious market sentiment

From Financial Modeling Prep: 2025-05-20 06:55:00

Treasury yields dropped and Moody’s cut U.S. credit to Aa1, setting a cautious tone. Treasury Secretary Bessent dismissed the downgrade, citing the $36.2 trillion debt load. Republicans aim to pass Trump’s $3-5 trillion tax bill by May 26. Retail earnings from Home Depot and Target will shed light on tariff impacts. U.S. PMI and China’s April data will reveal economic health. JPMorgan’s investor day will address trade policy implications.



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