US Debt Is Increasingly at the Mercy of the Market as Interest Costs Surge as Debt Ceiling Looms
11 Articles
11 Articles
U.S. debt is increasingly at the mercy of the market as interest costs surge while elections add more risk to the debt ceiling, ratings agency warns
"This trajectory points to an unsustainable medium-term fiscal path and leaves the sovereign increasingly exposed to shifts in market sentiment and financing conditions."
A failed, incapable, vulnerable America: Scope Ratings exposes Washington’s unsustainable debt path
TEHRAN- The United States is being portrayed not as an exceptional economic power, but as an increasingly incapable and inefficient fiscal manager, dangerously exposed to the whims of investors and unable to control its own borrowing. According to Bloomberg, citing Scope Ratings, America’s “exceptionally large” budget deficits and inexorably rising debt have left it “increasingly exposed” to shifts in market sentiment.
The rating agency Scope scores the US with "AA- and stable outlook. At the same time, it warns against rising public debt, political risks and risks for financial stability.
(Teleborsa) - Scope Ratings confirmed last Friday the long-term ratings of the United States of America for the issuer and for the senior debt not guaranteed to "AA-," both in local and foreign currency, with...
Increased yields and interest costs put the US fiscal capacity to the test. Scope Ratings also warns that the debt ceiling and market volatility could complicate government financing.
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