Debt Ceiling Resolved, Credit Downgrade Looming: 6 Undervalued Dividend Picks

The US debt ceiling crisis looks to be nearly resolved, but the next big concern for some investors is whether a downgrade of the AAA credit rating will follow. A Credit Suisse analyst and many others also believe there is a strong chance the US will lose it's AAA credit rating regardless of how the debt ceiling is raised. However, the Credit Suisse report also states that even if the US credit rating is downgraded: “We doubt it will have much effect," he continued. "Japan has a 1.1 percent yield and an AA- rating, many US Treasury funds do not have credit-rating limitations and national bank regulators would probably keep risk weightings for US sovereign debt at zero.” Read more details on the Credit Suisse report here. The media has worked this debt ceiling and downgrade issue into a frenzy and some investors are panicking. Meanwhile US Treasury rates are... Read more