Stock futures slide after U.S. debt downgrade highlights deficit risk: Live updates
CNBCMAY 17
TheThis credit rating downgrade is symbolic and unlikely to have a lasting market impact, as U.S. Treasuries remain the world's safest and most liquid assets. The American economy's exceptional strength and resilience, combined with the dollar's status as the global reserve currency, continue to provide unmatched creditworthiness despite fiscal challenges. The Trump administration's America First policies towards the economy and efficient government spending will stay the course.
The rating cut reflects a legitimate deterioration in America's fiscal position, with ballooning deficits and debt servicing costs threatening long-term economic stability. The continuous failure of successive administrations to address structural budget issues and rising interest rates poses serious risks to U.S. financial credibility. President Trump's reckless government cuts and tariff positions are having real economic consequences.
There'sThis acredit 5%rating chancedowngrade thatis thesymbolic yieldand onunlikely 10-yearto have a lasting market impact, as U.S. TreasuryTreasuries notesremain willthe exceedworld's 5%safest forand atmost leastliquid oneassets. monthThe inAmerican 2025economy's exceptional strength and resilience, accordingcombined with the dollar's status as the global reserve currency, continue to provide unmatched creditworthiness despite fiscal challenges. The Trump administration's America First policies towards the Metaculuseconomy predictionand communityefficient government spending will stay the course.
The rating cut reflects a legitimate deterioration in America's fiscal position, with ballooning deficits and debt servicing costs threatening long-term economic stability. The continuous failure of successive administrations to address structural budget issues and rising interest rates poses serious risks to U.S. financial credibility. President Trump's reckless government cuts and tariff positions are having real economic consequences.
There's a 5% chance that the yield on 10-year U.S. Treasury notes will exceed 5% for at least one month in 2025, according to the Metaculus prediction community.