Moody’s latest views on the US govt: The last triple-A standing

Stocks, SixMonth Bills Sink as U.S. Moves Closer to Default

MOODY’S remains the last of the three major credit rating agencies to maintain a top rating for the United States, after Fitch cut the sovereign rating earlier this week and Standard & Poor’s lowered it in 2011.

Fitch’s downgrade of the United States to AA+ from AAA caused volatility in stock markets and highlighted some investor concerns over the country’s financial health, but many said the impact on US debt trading was minimal.