downgrade

The average interest rate for a 30-year mortgage jumped back above the 7% threshold on Monday, with the increase coming after Moody’s downgraded the U.S. credit rating on Friday over …

Key takeaways: Bitcoin recovered from its sharp sell-off from $107,000, suggesting it functions as a hedge against uncertainty for investors reacting to Moody’s recent downgrade of US debt. Moody’s downgraded …

Stay informed with free updates Simply sign up to the Capital markets myFT Digest — delivered directly to your inbox. On Friday, Moody’s pulled the trigger and stripped the US …