US Downgrade Hits Muni Market as Fitch Cuts Billions of Debt

Fitch Ratings downgraded billions of dollars worth of public finance credits that are linked to the rating company’s landmark decision to strip US government debt of its AAA status. #press

https://www.bloomberg.com/news/articles/2023-08-03/us-rating-cut-hits-munis-as-fitch-downgrades-billions-of-debt?utm_source=press.coop