Da Ming Securities: The fiscal situation in the United States is receiving a lot of attention.

Golden Ten Data on May 20, Fitch downgraded the U.S. credit rating below the highest level in 2023, but did not cause a lasting reaction in the market. However, Gennadiy Goldberg, an analyst at TD Securities, wrote after Moody’s downgraded the U.S. credit rating late on Friday that this time could be different. “The Big Beautiful Act should continue to push the deficit higher, making investors nervous about rising deficits and a possible lack of foreign demand for U.S. Treasuries,” Goldberg said. ”