The rating agency Fitch Ratings lowered the rating of US bonds by one level from the top “AAA” to “AAA +” on 8/1.
The rating agency Fitch Ratings lowered the rating of US bonds by one level from the top “AAA” to “AAA +” on 8/1.
In the past, in 2011, the price of US bonds rose despite being downgraded. (See YouTube membership for details)
I don't know if it will be the same this time, but since the volatility will increase, diversification is essential for those who are investing in bonds. The 8/4 US employment statistics are also noteworthy.
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