U.S. Treasuries Could Be Further Downgraded, And Not Just Due To High Deficits

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  Posted by Two Blokes May 19 - Filed in General - #TwoBlokesTrading  - 3 views
  
  Moody's downgrading the US long-term debt could be the warning that further downgrades are likely if the key assumptions fail to hold. Specifically, Moody's warns about the Fed's independence, the government's checks and balances, and the role of the US dollar as a reserve currency.