The US, the world s biggest economy, has been stripped of its top level AAA credit grade by Fitch two months after it came close to defaulting on its debts.
HONG KONG : Asian stocks and U.S. Treasury yields declined on Wednesday after ratings agency Fitch unexpectedly downgraded the United States' top-tier sovereign credit rating.MSCI's broadest index of Asia-Pacific shares slid 1.9 per cent. Japan's Nikkei dropped by 1.8 per cent, while Australian shares tum
Fitch cuts US credit rating to AA+; Treasury calls it arbitrary By Reuters investing.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investing.com Daily Mail and Mail on Sunday newspapers.