Moody's Downgrades US Government Debt It's Growing And Growing (Will You Do Anything About It?)

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On Friday Moody’s downgraded US government debt. The TLT US Treasury bond ETF has actually been falling ever since the Federal Reserve lowered interest rates in September of last year. Moody’s warned that the US debt to GDP is on track to go over 130% in the next few years. There is no government budget changes to suggest that the debt situation is going to reverse, but is just going to keep growing and growing until it no longer can.