"On May 16, Moody’s #downgraded the US credit rating to AA1 from its longstanding position of AAA. On May 22, the #House passed the #Trump administration’s reconciliation package, which included #tax cuts and a $4 trillion lift to the debt ceiling."

Yahoo Finance https://finance.yahoo.com/news/this-is-the-most-significant-thing-for-bond-and-stock-investors-to-watch-124041893.html