Search results
Results From The WOW.Com Content Network
Map of S&P's sovereign long-term foreign credit ratings as of March 2024. Legend: AAA AA+ AA AA− A+ A A− BBB+ BBB BBB− BB+ BB BB− B+ B B− CCC+ CCC CCC− SD/D. For S&P, a bond is considered investment grade if its credit rating is BBB− or
A sovereign credit rating is the credit rating of a sovereign entity, such as a national government. The sovereign credit rating indicates the risk level of the investing environment of a country and is used by investors when looking to invest in particular jurisdictions, and also takes into account political risk.
The 2011 S&P downgrade was the first time the US federal government was given a rating below AAA. S&P had announced a negative outlook on the AAA rating in April 2011. The downgrade to AA+ occurred four days after the 112th United States Congress voted to raise the debt ceiling of the federal government by means of the Budget Control Act of 2011 on August 2, 2011.
But Standard & Poor’s downgraded the US credit rating by one notch the last time there was a serious debt-ceiling showdown, in 2011, when the government came within hours of defaulting on some ...
A potential debt ceiling standoff in the United States next year could be one of the worst since the 2011 crisis, which may trigger another sovereign credit rating downgrade, said Gennadiy ...
The United States’ credit rating could come under pressure if the government shuts down, Moody’s Investors Service cautioned Monday. Moody’s: Government shutdown could hurt America’s top ...
Sovereign credit rating agencies play a crucial role in assessing and evaluating the creditworthiness of sovereign nations and their ability to meet their financial obligations. By assigning credit ratings to countries, these agencies provide valuable information to investors, governments, and financial institutions, aiding in decision-making ...
The rating agency cited the “high and growing” government debt, which currently stands at more than $32 trillion (that’s just under $100,000 for every single person in America).