From Cointelegraph

May 17, 2025 4:40 PM:

Moody’s downgraded the US government credit rating from Aaa to Aa1 due to rising national debt and failure to reduce spending. Despite negative short-term outlook, long-term health remains positive with a strong economy and global reserve currency status. Investors had mixed reactions to Moody’s revision, with some questioning the agency’s reliability. Interest rates on 30-year US Treasury Bond spiked to nearly 5%, reflecting reduced long-term investor confidence in US debt. US government debt surpassed $36 trillion and continues to grow, impacting bond yields and debt service payments. This cycle may require higher yields to attract investors, further inflating the national debt.

Read more at Cointelegraph: Moody’s downgrades US credit rating due to rising debt