What Does the Fitch Downgrade Mean for the U.S. Credit Rating?
August 04, 2023 at 12:29 PM EDT
By Dr. David Esch Do Downgraded Treasurys Still Belong in Your Portfolio? What Does the Treasury Downgrade Mean for Your Portfolio? The creditworthiness of the US Treasury is hugely important – the function of the global economy is built on it. So at first the decision of Fitch, one of three major ratings agencies, to downgrade [...] The post What Does the Fitch Downgrade Mean for the U.S. Credit Rating? appeared first on ETF Trends .