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Fitch Affirms US Rating

The Fitch credit rating agency has issued a AAA rating with a stable outlook for the United States. Fitch made the announcement Friday, saying the new action resolved the negative watch the U.S. received in October. The agency noted that last year's U.S. debt ceiling crises had not negatively affected U.S. bond yields or reduced foreign holdings of Treasury securities. "Fitch does not believe the role of the U.S. dollar, sovereign financing flexibility or debt tolerance has...

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