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The downgrade of the U.S. sovereign credit rating Friday will likely mean higher borrowing costs on mortgages.
As the US faces downward pressures, from unsustainable debt to the possibility of huge tax cuts, investors are turning to Asia, analysts say.
After the United States lost its last perfect credit rating on Friday, Republicans and Democrats responded by pointing ...
The ratings agency had cited the government's $36 trillion outstanding debt and interest while slashing sovereign credit ...
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PSEi dips below 6,400 after US downgrade
The local bourse tumbled below the 6,400 level on Tuesday after investors had more time to absorb the impact of the United ...
In a note to clients, the analysts argued that "there are few if any" actions available to the Federal Reserve or Treasury Department in the event of a spike in U.S. Treasury yields in the wake of the ...
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