HomeMarketsU.S. EconomyMarket Impact of Potential BA Credit Downgrade

Market Impact of Potential BA Credit Downgrade

As Boeing (BA) offers yet another deal to its striking machinist union, the company is also fighting to avoid a credit downgrade. When it comes to the bond market, Boeing holds $53 billion in the S&P's U.S. Investment-Grade bond composite. Nick Kraemer with S&P Global Ratings says the economic fallout will depend on how it affects production. However, Nick expects the market to stomach a downgrade if it happens sooner than later.

Morning Trade Live

01 Nov 2024

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