Replies to post #761242 on Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

Fannie Mae and Freddie Mac may currently have a higher credit rating from S&P and Fitch than Uncle Suggy. Mark Zandi's Moodys gives both a triple AAA, I believe.

I think Warren Buffett owns Moodys and as a good opportunist and Insurer against Natural Disasters Warren keeps over $100B in short term US T-Bills on Berkshire Hathaway's books. That may be why Moodys hasn't downgraded US Government Debt yet.

[Robert from yahoo bd]

https://www.cnbc.com/amp/2023/08/03/billionaire-investor-bill-ackman-says-hes-shorting-30-year-treasury-bills.html

https://www.cnbc.com/2023/08/03/us-treasury-yields-investors-digest-us-rating-downgrade.html