News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

S&P, Moody's warn on US credit rating

Deteriorating fiscal situation seen as cause of concern

With attention focused on sovereign-debt worries in Europe, two major credit-rating firms reminded investors again that the US has debt problems of its own.

Investors bought Treasury debt nonetheless, ignoring the comments, which echoed prior statements by the companies and may still be months or years away from having any practical meaning.

WSJ Logo