Recent affirmations of the US sovereign rating at AA+ or equivalent by Fitch and S&P, combined with Moody’s assignment of a stable outlook after its May 2025 move to Aa1, have anchored trader expectations against another downgrade before 2027. Persistent but predictable fiscal deficits and debt-service costs have not triggered fresh negative signals from the agencies, while legislative continuity on appropriations and the absence of acute debt-ceiling standoffs have limited downside surprises. Economic resilience, reflected in steady growth and contained inflation pressures into mid-2026, further supports the current implied probability that rating committees will maintain existing assessments through the end of 2026.