U.S. stocks are drifting lower, while U.S. bonds and the value of the U.S. dollar are falling more sharply on Monday following the latest reminder that the U.S government seems to be hurtling toward an unsustainable mountain of debt.
Markets came under pressure Monday as investors dumped stocks, U.S. bonds and the dollar — an unsettling trifecta — after the United States lost its triple-A bond rating on Friday.
