Moody’s Downgrade Sends Stocks, Treasury Yields, and Gold Tumbling

A few days ago, Moody’s downgraded the US sovereign credit rating from Aaa to Aa1, which marked the first time in over a century that the US no longer holds a top-tier rating from any major credit agency. Driven by escalating national debt and persistent fiscal deficits, the decision has sent ripples through global financial […] The post Moody’s Downgrade Sends Stocks, Treasury Yields, and Gold Tumbling appeared first on Coin Edition.