The US bond market: Getting âyippyâ again?
The offering was the governmentâs first auction of so-called coupon-bearing debt since Moodyâs Ratings last Friday became the last of the three big credit assessors to strip the US of its top triple-A rating, following S&P Global Ratings in 2011 and Fitch Ratings in 2023. Also Read: Vivek Kaul: The bond market called Trumpâs bluff…