The US President Donald Trump disagrees with the decision of the evaluation house Moody’s To downgrade the debt of the US economy, the White House announced today (19.5.2025).
White House spokesman Caroline Levit told reporters that people have confidence in the US economy. The indicators on Wall Street, however, opened with a downward trend, influenced by the downgrading of the US -based Moody’s from AAA to AA1 with a steady perspective, but also because of continuing uncertainty due to the trade war that Donald Trump started.
The house cited the funding challenges linked to the growing fiscal deficit of the federal government and the impact of the transfer of US existing debts over a high -cost borrowing period.
Debt downgrading pressed on bond prices, sending yields higher, at a time when the economy is already awaiting the complete impact of President Donald Trump’s evolving tariff policy. The performance of 30 -year US bonds traded over 5% today And the 10 -year performance exceeded 4.5%, levels that hit the stock markets last month and helped drive Trump to retreat from his stricter tariff measures.
Interest rates on mortgages, car loans and credit cards follow the yield on the 10 -year bond. The shares limited their initial losses, as government bond yields declined from the highest levels of the session.
In the commencement of transactions, the industrial index Dow Jones recedes by 0.10%. The index Nasdaq of high -tech companies records 0.51% and the expanded index S&P 500 recedes by 0.32%.