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U.S. Futures Slide And Treasury Yields Rise After Moody's Credit Rating Cut

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    Posted by Two Blokes May 19 - Filed in General - #TwoBlokesTrading  - 2 views
    On Friday, Moody's downgraded the U.S. government's credit rating from Aaa—its top prime grade—to Aa1 or high grade, which is one notch below. With its downgrade, Moody's became the last of the three big ratings firms to lower the U.S. government's credit rating from the top level.