Neweses Junk Bonds: US Treasuries?

Excerpt: U.S. Treasuries should be downgraded to junk bond status, not given a "triple-A" government rating, economist John Williams says, supporting a warning issued by Moody's last week that the credit rating of the U.S. government may be plunging in the next decade. The issue surfaced recently when Reuters published a Moody's warning that in the next 10 years, the credit rating of the United States is at risk of being dropped below triple-A.

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