U.S. keeps bond rating, but Moody's assigns negative outlook

Moody's Investors Service said Tuesday evening that the U.S. will retain its AAA bond rating following passage of legislation to boost the debt ceiling. However, the rating agency said it is lowering the outlook for possible future changes to negative.

Moody's said in a statement that the bill signed into law Tuesday by President Barack Obama had virtually eliminated the risk of a default by the government on its debts.

Moody's assigned a negative outlook to the AAA rating to show that there is a risk of a downgrade if the government's fiscal discipline weakens.

http://www.freep.com/article/20110803/NEWS15/108030415/U-S-keeps-bond-rating-but-Moody-s-assigns-negative-outlook?odyssey=tab|mostpopular|text|FRONTPAGE

"if"???

Is Moody's mentally deficient?

CovOps wrote:: Moody's Investors Service said Tuesday evening that the U.S. will retain its AAA bond rating following passage of legislation to boost the debt ceiling. However, the rating agency said it is lowering the outlook for possible future changes to negative.

Moody's said in a statement that the bill signed into law Tuesday by President Barack Obama had virtually eliminated the risk of a default by the government on its debts.

Moody's assigned a negative outlook to the AAA rating to show that there is a risk of a downgrade if the government's fiscal discipline weakens.

http://www.freep.com/article/20110803/NEWS15/108030415/U-S-keeps-bond-rating-but-Moody-s-assigns-negative-outlook?odyssey=tab|mostpopular|text|FRONTPAGE

Scarlett O'Bama:

Fiddle-dee-dee!

I can't think about that right now. If I do, I'll go crazy. I'll think about that tomorrow.

U.S. keeps bond rating, but Moody's assigns negative outlook

U.S. keeps bond rating, but Moody's assigns negative outlook

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