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Moody's Downgrade Increases US Borrowing Costs
Moody's downgraded the US credit rating to Aa1 on Monday due to Republican plans for tax cuts, causing long-term Treasury bond rates to surge and increasing borrowing costs for the US government, already facing a high budget deficit and debt.
Moody's Downgrade Increases US Borrowing Costs
Moody's downgraded the US credit rating to Aa1 on Monday due to Republican plans for tax cuts, causing long-term Treasury bond rates to surge and increasing borrowing costs for the US government, already facing a high budget deficit and debt.
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