CIO Update | US Debt Downgrade

What happens when the “risk-free” rate is no longer seen as risk-free? In this video, we break down what a U.S. credit downgrade actually means and why it matters to investors, borrowers, and the broader economy. We’ll discuss why Moody’s, Fitch, and S&P have all lowered their outlook on U.S. debt, and how that impacts investor confidence, government borrowing costs, and even mortgage rates.