China Drops to Number Three Holder of Treasuries, Behind UK

May 17, 2025 | Markets

China shrank its holdings of US Treasuries in March, with the UK replacing it as the No. 2 overseas owner. The month, which preceded the April turmoil in the Treasuries market, saw a second straight jump in foreign purchases, to a fresh record high. Total...

Wall Street Strategists React to Moody’s US Credit Rating Cut

May 16, 2025 | Markets

US stocks declined and Treasury yields rose after Moody’s Ratings downgraded the US credit rating, citing an increase in government debt and a higher interest burden. An exchange-traded fund tracking the S&P 500 Index fell 1% in postmarket trading after the agency...

Trump Says He’s Willing to Travel to China for Xi Meeting

May 16, 2025 | Markets

US President Donald Trump said he would be willing to travel to China to speak with Xi Jinping about foreign policy and economic issues. “I would certainly,” Trump said when asked if he wanted to visit Xi on a foreign trip during an interview on Fox News’s Special...

US Credit Rating Cut Over Massive Government Debt

May 16, 2025 | Markets, Private Credit

The US was downgraded by Moody’s Ratings on Friday thanks to government debt that’s approaching a mind-numbing $37 trillion. It was a dramatic move that cast further doubt on the polarized nation’s status as the world’s highest-quality sovereign borrower. Moody’s...