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Fitch Keep US 'AAA' Rating on Negative Watch Despite Debt Ceiling Agreement

US
  • Fitch Ratings retain the 'AAA'; Negative Watch view on the US sovereign despite the debt limit agreement, considering the full implications of the recent debt ceiling episode and outlook for midterm fiscal and debt trajectories.
  • Fitch's original view on the US rating found here: https://www.fitchratings.com/research/sovereigns/f...
  • Back on May 24th, they'd written that "A long-lasting resolution to the debt limit reached before the x-date combined with increased confidence that the brinkmanship surrounding the debt limit has diminished" and "greater confidence in a stabilization of the government debt/GDP ratio over the medium term." could have led to a positive ratings action - may be the case that this condition has not been met, in their view.

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