https://www.taxtmi.com/news?id=44099 Moody's downgrade of the US federal government's sovereign credit rating removes top-tier status and signals that rising deficit financing and political deadlock have weakened fiscal sustainability. The move has prompted repricing of sovereign risk with higher long-term Treasury yields, a weaker dollar, and downward pressure on equities. It amplifies the fiscal consequences of higher borrowing costs for the government and the economy, intensifies focus on prospective tax and budget choices, and elevates legislative debate over the debt limit while prompting market reassessment of risk premia and funding costs. en-us Mon, 19 May 2025 20:01:04 +0530 Mon, 19 May 2025 20:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=44099 Moody's downgrade of the US federal government's sovereign credit rating removes top-tier status and signals that rising deficit financing and political deadlock have weakened fiscal sustainability. The move has prompted repricing of sovereign risk with higher long-term Treasury yields, a weaker dollar, and downward pressure on equities. It amplifies the fiscal consequences of higher borrowing costs for the government and the economy, intensifies focus on prospective tax and budget choices, and elevates legislative debate over the debt limit while prompting market reassessment of risk premia and funding costs. News - Mon, 19 May 2025 20:01:04 +0530 https://www.taxtmi.com/news?id=44099