Moody's comments on US sovereign rating; AAA ratings remain stable
- Numerous credit strengths keep the US government's credit rating positioned at top-tiered Aaa, despite deterioration in its debt position since the financial crisis
- The most likely source of credit pressure, which is growth in the deficit from projected increases in social spending, is a long-term issue unlikely to pose a risk to the Aaa rating for several years. The outlook on the Aaa rating is stable.
- Supporting the Aaa rating are the very large and diverse economy, a strong record of GDP and productivity growth, and the status of the dollar and the Treasury bond as global reserve currencyassets, allowing the US government to carry a higher level of debt relative to other countries