Over the past two weeks Predictions signaling by Moody's that a U.S. Credit Downgrade was actually Bekoning a coming. They Assigned a "negative outlook" to the rating in 2023. That, by their definition, increased the risk of a rating downgrade "over the next one to two years." Two years Estimated Probability,Near the end of that time window. And on cue, in late March they telegraphed the downgrade with a warning that U.S. fiscal strength had "deteriorated further."

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Experts further explanation; The level of the 30-year is what is getting the market's attention. And the level has everything to do with ``Fed policy''. Precisely Not only does the ''Fed'' continue to hold short term rates above 4%, 200 basis points above the rate of inflation (PCE), they've spent the past week dropping hawkish commentary.

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