A Warning About U.S. Credit Rating Could Signal Higher Interest Rates

A downgrade in the nation’s credit rating could lead to higher borrowing costs for the U.S. Treasury, companies and consumers.

Mandel Ngan / AFP/Getty Images

Updated at 1:08 p.m. ET

A major credit rating agency is warning that it will reconsider the nation’s AAA rating if the partial U.S. government shutdown continues into March and raises doubts about the ability of Congress to lift the debt ceiling.

A downgrade of the nation’s pristine credit rating could lead to higher borrowing costs for the U.S. Treasury, companies and consumers.