US Debt Outlook Boosted to Stable by Fitch as Tax Revenues Climb

(Bloomberg) — The US government’s debt dynamics have strengthened thanks to recent improvements in the economy and increased revenue, according to credit assessor Fitch Ratings, which has upgraded the country’s outlook to stable.Most Read from BloombergWho Shot Shinzo Abe and Why? Everything We Know So FarEx-Japan Leader Abe Killed in Shooting That Shocks NationMusk Backs Out of $44 Billion Twitter Deal Over Bot AccountsWorking From Home Isn’t a Free Company BenefitBiden Lauds CIA for Punching
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Italian Bonds Slide After Fitch’s Out-of-Cycle Downgrade

(Bloomberg) — Italian sovereign bonds fell after Fitch Ratings downgraded the nation’s rating by a notch to BBB-, just one level above junk.Yields on 10-year bonds jumped 10 basis points to 1.82%, erasing much of this week’s decline following a decision by S&P Global Ratings to keep the nation’s credit
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