← Platforms & infrastructure
Critical node· Platforms & infrastructure · Critical anchor
Credit rating agencies, Moody's, S&P, Fitch
New York, United States40.71°N 74.00°W
computed criticality17/100
reading
Moody's + S&P + Fitch hold ~95% of the global credit rating market (Moody's ~40%, S&P ~40%, Fitch ~15%)
2024Fault line
The cost of debt for states and firms hinges on three American agencies' opinions. A downgrade can raise sovereign financing costs overnight, a private power over public finances.
Actors
Moody's
S&P Global
Fitch
Sources