I think you’re right. The US will lose its AAA rating when those required to purchase AA bonds no longer want to purchase US bonds.
I posted a thread yesterday that there are two scenarios where we retain our rating. One is a short term Republican lead sprint to get the deficit down. The other is a longer term bipartisan agreement to get the debt down.
Should have read.....
“The US will lose its AAA rating when those required to purchase AAA bonds no longer want to purchase US bonds.”
Not enough A’s in my previous post.
Agreed. The threat to the bonds is wholly related to the inflation in the supply of the currency with which they will be redeemed. Someone needs to teach those in Congress who cannot grasp this, that the Laws of Supply & Demand apply here, just as with every other market phenomenon.