Stocks Rebound After Moody's Credit Downgrade Raises Treasury Yields
1. S&P 500 rose 0.1% amid earlier selling pressure. 2. Moody's downgraded U.S. credit rating due to high government debt. 3. 30-year Treasury yields surpassed 5%, impacting borrowing costs. 4. Fed officials expect stable interest rates into mid-2025. 5. Moody's report cited a stable outlook despite the downgrade.