22-05-2025, 10:25 AM
Now all 3 sovereignty rating bodies, S&P, Fitch and Moody, downgrade US rating from 3A to 2A1 grade.
US will have to pay higher interest for issuing treasury bonds of more than 5% in the next batch of bonds to be issued in June.
Can US afford the payment? Debts due in June is US$ 6 trillion. Total debts in circulation US$ 36 trillion.
