S&P Sees at Least 50% Chance of US Debt Rating Downgrade
Posted on July 15, 2011 at 09:09 AM EDT
Standard&Poor’s has placed its ‘AAA’ long-term and ‘A-1+’ short-term sovereign credit ratings on the United States of America on CreditWatch with negative implications. Standard&Poor’s uses CreditWatch to indicate a substantial likelihood of it taking a rating action within the next 90 days, or in response to events presenting significant uncertainty to the [...]