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Goldman Play Down Impact Of Fitch Downgrade Of U.S.

US TSYS

In light of Fitch’s one notch credit rating downgrade Goldman Sachs suggested that “the downgrade mainly reflects governance and medium-term fiscal challenges, but does not reflect new fiscal information. The downgrade should have little direct impact on financial markets as it is unlikely there are major holders of Treasury securities who would be forced to sell based on the ratings change.”

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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