[dropcap]D[/dropcap]espite being downgraded to AA+, the U.S. remains one of the strongest, if not the strongest, credit markets in the world. The cost of borrowing has reached record lows and the dollar remains the world’s preferred reserve currency. It appears the rating agencies are moving into politics – a game they have no business playing.
S&P Cut Proves Absurd as Investors Prefer U.S.
Read the rest on Bloomberg Personal Finance.
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