New York State credit rating downgraded within 12 months
user-generated· macro
New York State credit rating downgraded within 12 months
Market overview
Prolonged budget uncertainty and political gridlock could erode investor confidence in New York's creditworthiness. Moody's or S&P would likely downgrade the state's rating if a balanced budget is not enacted promptly.
macro prediction market
- Implied probability (Yes)
- 55%
Source: user-generated
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