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What top Wall Street banks are saying about the US debt downgrade

Spencer Platt/Getty Images

  • The US lost its final triple-A rating on Friday.
  • The move rattled markets on Monday but Wall Street thinks investors will push past the downgrade.
  • "We think the reaction may be more muted than it was in 2023," JPMorgan said.

The "sell America" trade saw a resurgence on Monday after America lost its last top-tier credit rating, but Wall Street thinks markets can sidestep any volatility related to the downgrade.

Moody's slashed...

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