U.S. Treasuries: from safe haven to risky asset ...Middle East

Last week, Moody's downgraded the U.S. credit rating from stable to negative, citing high budget deficits, deteriorating debt affordability and political polarization.It's a little strange that they are just now realizing this, isn't it?The problems mentioned arose long ago, primarily due to irresponsible policies during the pandemic. Maybe the monetary helicopter idea wasn't the best after all.By pulling the economy out of the Covid-19 mess, we could be setting ourselves up for an even worse crisis in the future. The situation is becoming unsustainable. And yet the agency maintains the country's long-term rating at AAA…Could it be that they are waiting for a miracle not to happen and the de

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U.S. Treasuries: from safe haven to risky asset ...Middle East

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