United States Big 3 Credit Ratings Agency Moody’s Ratings Downgrades United States Government Long-Term Issuer & Senior Unsecured Ratings to Aa1 from Aaa Rating & Changed Outlook to Negative from Stable, 1-Notch Downgrade (21-Notch Scale) Reflects Increase of More than 10 Years in Government Debt & Payment Ratios to Levels Higher than Similarly Rated Sovereigns, Moody’s Ratings is United States Big 3 Credit Ratings Agency Alongside S&P and Fitch Ratings, Moody’s Ratings Founded in 1909 by John Moody, IPO on New York Stock Exchange (NYSE) in 1998, Current Market Value at $87 Billion, Share Price +3.4% YTD, +18.1% in Last 12 Months & +94.5% in Last 5 Years
17th May 2025 | Hong Kong
United States big 3 credit ratings agency Moody’s Ratings has downgraded United States government long-term issuer & senior unsecured ratings to Aa1 from Aaa Rating, and changed outlook to negative from stable. The 1-notch downgrade (21-notch scale) reflects an increase of more than 10 years in government debt & payment ratios to levels higher than similarly rated sovereigns. Moody’s Ratings is United States big 3 credit ratings agency alongside S&P and Fitch Ratings. Moody’s Ratings was founded in 1909 by John Moody, and IPO on New York Stock Exchange (NYSE) in 1998. Moody’s Ratings current market value is at $87 billion, with share price +3.4% YTD, +18.1% in last 12 months & +94.5% in last 5 years. Announcement (16/5/25): “Moody’s Ratings (Moody’s) has downgraded the Government of United States of America’s (US) long-term issuer and senior unsecured ratings to Aa1 from Aaa and changed the outlook to stable from negative. This one-notch downgrade on our 21-notch rating scale reflects the increase over more than a decade in government debt and interest payment ratios to levels that are significantly higher than similarly rated sovereigns. Successive US administrations and Congress have failed to agree on measures to reverse the trend of large annual fiscal deficits and growing interest costs. We do not believe that material multi-year reductions in mandatory spending and deficits will result from current fiscal proposals under consideration. Over the next decade, we expect larger deficits as entitlement spending rises while government revenue remains broadly flat. In turn, persistent, large fiscal deficits will drive the government’s debt and interest burden higher. The US’ fiscal performance is likely to deteriorate relative to its own past and compared to other highly-rated sovereigns. The stable outlook reflects balanced risks at Aa1. The US retains exceptional credit strengths such as the size, resilience and dynamism of its economy and the role of the US dollar as global reserve currency. In addition, while recent months have been characterized by a degree of policy uncertainty, we expect that the US will continue its long history of very effective monetary policy led by an independent Federal Reserve. The stable outlook also takes into account institutional features, including the constitutional separation of powers among the three branches of government that contributes to policy effectiveness over time and is relatively insensitive to events over a short period. While these institutional arrangements can be tested at times, we expect them to remain strong and resilient. The US’ long-term local- and foreign-currency country ceilings remain at Aaa. The Aaa local-currency ceiling reflects a small government footprint in the economy and extremely low risk of currency and balance of payment crises. The foreign-currency ceiling at Aaa reflects the country’s strong policy effectiveness and an open capital account, reducing transfer and convertibility risks.”
“ United States Big 3 Credit Ratings Agency Moody’s Ratings Downgrades United States Government Long-Term Issuer & Senior Unsecured Ratings to Aa1 from Aaa Rating & Changed Outlook to Negative from Stable, 1-Notch Downgrade (21-Notch Scale) Reflects Increase of More than 10 Years in Government Debt & Payment Ratios to Levels Higher than Similarly Rated Sovereigns, Moody’s Ratings is United States Big 3 Credit Ratings Agency Alongside S&P and Fitch Ratings, Moody’s Ratings Founded in 1909 by John Moody, IPO on New York Stock Exchange (NYSE) in 1998, Current Market Value at $87 Billion, Share Price +3.4% YTD, +18.1% in Last 12 Months & +94.5% in Last 5 Years “
United States Big 3 Credit Ratings Agency Moody’s Ratings Downgrades United States Government Long-Term Issuer & Senior Unsecured Ratings to Aa1 from Aaa Rating & Changed Outlook to Negative from Stable, 1-Notch Downgrade (21-Notch Scale) Reflects Increase of More than 10 Years in Government Debt & Payment Ratios to Levels Higher than Similarly Rated Sovereigns, Moody’s Ratings is United States Big 3 Credit Ratings Agency Alongside S&P and Fitch Ratings, Moody’s Ratings Founded in 1909 by John Moody, IPO on New York Stock Exchange (NYSE) in 1998, Current Market Value at $87 Billion, Share Price +3.4% YTD, +18.1% in Last 12 Months & +94.5% in Last 5 Years

Sign Up / Register
Caproasia Users
- Manage $20 million to $3 billion of assets
- Invest $3 million to $300 million
- Advise institutions, billionaires, UHNWs & HNWs
Caproasia Platforms | 11,000 Investors & Advisors
- Caproasia.com
- Caproasia Access
- Caproasia Events
- The Financial Centre | Find Services
- Membership
- Family Office Circle
- Professional Investor Circle
- Investor Relations Network
Monthly Roundtable & Networking
Family Office Programs
The 2025 Investment Day
- March - Hong Kong
- March - Singapore
- July - Hong Kong
- July - Singapore
- Sept- Hong Kong
- Sept - Singapore
- Oct- Hong Kong
- Nov - Singapore
- Visit: The Investment Day | Register: Click here
Caproasia Summits
- The Institutional Investor Summit
- The Investment / Alternatives Summit
- The Private Wealth Summit
- The Family Office Summit
- The CEO & Entrepreneur Summit
- The Capital Markets Summit
- The ESG / Sustainable Investment Summit