Tight Credit Spreads Signal Calm Despite Moody’s Downgrade

Tight Credit Spreads Signal Calm Despite Moody’s Downgrade

Market Analysis by covering: S&P 500, NVIDIA Corporation, Union Pacific Corporation, The Industrial Select Sector SPDR® Fund. Read 's Market Analysis on Investing.com

Moody's downgrade reflects U.S. debt woes

Moody's recent downgrade of the United States' sovereign credit rating from the top-notch Aaa to Aa1 — the first time in more than 100 years — over concerns about the nation's growing debt underscores an unsustainable debt-driven growth model.