U. S. Treasury Bonds Or Down The Top &Nbsp; Obama Has A Meeting In Anger.
International rating agency Moodie Investors Service Inc warned 13, in view of the emergence of the United States
Debt default
The risk is increasing, putting us treasury bonds on the "watch list" and possibly lowering the credit rating from 3A to Aa.
This puts pressure on the democratic and Republican parties to negotiate a higher debt ceiling.
President Barack?
Obama
On that day, he suddenly stepped out of the negotiation hall and put pressure on the Republicans.
Moodie said that in the short term, this means that the US Treasury bonds will lose the highest 3A rating.
Considering that the duration of the default may be "short", Moodie will lower the rating to the second highest Aa level in the nine tier rating.
The Associated Press analysis, "downgrade" will push up the United States
Treasury bond interest rate
Us taxpayers need to pay more interest, and the "downgrade" will also push up interest rates on mortgages, car loans and other loans, which are linked to the interest rate of treasury bonds.
Moodie also warned that if Congress raised the debt ceiling after a short-term default, U.S. Treasury bonds would not immediately resume the 3A rating.
Moodie said that the Aa rating would remain unchanged in the short term, but did not specify.
The rating agency has been sitting on Diaoyutai since its credit rating began in 1917.
This is the first time US Treasury bonds have been listed since 1995.
Moodie is worried that Congress will not be able to raise the debt ceiling in time, but believes that the risk of default is still "negligible".
Moodie said that if Congress can reach an agreement on raising the debt ceiling by August 2nd, the 3A rating of US Treasury bonds will be retained.
However, if the two party members and Obama fail to make significant progress in the long-term plan to reduce the federal deficit, it may turn the outlook for US Treasuries to negative.
After Moodie issued a warning, the Democratic Party and the Republican Party made different interpretations and continued to tit for tat.
Democratic congressman Chris van hollon declared that Moodie placed the US Treasury bonds on the watch list and might downgrade top ratings, highlighting the danger of the Republican Party's abduction of the US economy and employment on the agenda of deficit reduction.
Obama met with congressional leaders of the two parties at the White House for fourth consecutive days to discuss the proposal to raise the debt ceiling.
More than two hours later, Obama abruptly interrupted the discussion and rushed out of the room.
An assistant Republican congressman who did not want to be named said that Obama, the Republican leader of the house of Representatives, proposed "step by step" to raise the debt ceiling, and Obama became "excited" and insisted on a one-off solution.
The assistant told Agence France-Presse that Obama said he was not afraid to veto the short term plan passed by Congress, nor was he afraid to "defend the veto in front of the American people", because debt default would lead to "paying more taxes for every American".
Obama threatened that he was ready to bet on the prospect of running for re-election next year in this political struggle. "I have reached the limit". Even if "let my presidential career end," I will not "surrender".
Senate Republican Leader Mitch Mcconnell warned "conservative party colleagues" on the same day: if the talks broke down, it would be quite possible to "let go" Obama's re-election next year.
Because Obama will put the responsibility for debt default to the Republican Party, accusing Republicans of making the economy worse.
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