Analysts Say US Dollar's Drop on Fitch Downgrade Unlikely to Persist

(Bloomberg) -- Investors will continue to scoop up Treasuries despite Fitch Ratings’ move to cut the US’ credit rating although the downgrade may spur some short-term volatility, according to analysts.Most Read from BloombergUS Stripped of AAA Rating by Fitch as Budget Deficits SwellUS, Europe Growing Alarmed by China’s Rush Into Legacy ChipsPoland Sends Troops to Belarus Border After Airspace BreachTrump Indicted on Federal Charges in 2020 Election ProbeMissing Goldman Sachs Analyst Confirmed D

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