Moody's Warns of Diminishing Credit Buffer as Treasury Swap Spreads Turn Negative

Moody's Warns of Diminishing Credit Buffer as Treasury Swap Spreads Turn Negative The document provides financial analysis and commentary on US sovereign credit ratings and swap spreads, but lacks concrete allegations, named individuals, or actionable misconduct. It offers limited investigative value beyond general fiscal risk monitoring. Key insights: Moody's analysts note reduced distance-to-downgrade for US Aaa rating.; Treasury 10‑year swap spread turned negative on 3/24/2010, 30‑year in Oct 2008.; Negative spreads suggest private firms can borrow cheaper than the US government.