US Downgrade Will Focus Attention on Other Countries

<p>Fitch Ratings unexpectedly cut the US long-term credit rating by one notch to AA+. In response, markets have begun a gradual but broader risk repricing. The suddenness of Fitch’s move is disconcerting, given that the rating was not under review and the outlook was stable. Moreover, another season of the sovereign debt ceiling saga ended […]</p>
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