Credit Markets are Currently Pricing in a 6-level Credit Downgrade for the US Treasuries, Which Would Give It a Rating of BBB, Just a Smidge Above Investment Grade
By Counter Intelligence Global
Credit markets are currently pricing in a 6-level credit downgrade for the US Treasuries, which would give it a rating of BBB, just a smidge above investment grade
A severe downgrade would send US Treasury bond interest rates to 6+%, and mortgages to 10+%.
Original source: https://t.me/CIG_telegram/60515