U.S. Debt

S&P Cuts Hartford’s Credit Rating Amid Possibility of Default

Standard & Poor's rating

Connecticut Capital’s Bond Rating Cut to Near-Default Levels Rating agency Standard and Poor’s (S&P) has cut Hartford, Connecticut’s credit rating to near-default levels, warning of an imminent default. S&P has cut the city’s credit rating from B- to CC. This is the second time in two weeks that S&P has lowered the rating for Connecticut’s capital city.

The U.S. is The Most Indebted Country in the World

Managing Debt Challenge

American Government Owes More than Any Other Country in the World Fears of default may have temporarily subsided after President Donald Trump raised the debt ceiling until December, but uncertainty continues to haunt the markets as investors worry about America’s growing debt problem.