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submitted 11 months ago by yogthos@lemmy.ml to c/us_news@lemmygrad.ml
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[-] davel@lemmygrad.ml 4 points 11 months ago

Time for porky to park its money at the Treasury for risk-free high interest.

If Moody’s changes the U.S.’s actual credit rating, rather than just its outlook, the government may be unable to borrow as much money, or would have to accept a less desirable interest rate.

this post was submitted on 17 Nov 2023
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