**Recent affirmations of the US sovereign credit rating at AA+ (or equivalent) by S&P and Fitch, both with stable outlooks as of mid-2026, underpin trader expectations that no further downgrade will occur before 2027.** Moody’s completed its shift to Aa1 in 2025, aligning all three major agencies one notch below the top tier after prior actions tied to debt-limit episodes. Current assessments highlight the economy’s resilience, effective monetary policy, and revenue support from tariffs as offsetting factors against rising debt-to-GDP and deficits. Agencies anticipate timely congressional action on the debt ceiling, which was raised substantially in 2025 and faces its next likely binding point in 2027. Absent acute political gridlock or unexpected fiscal shocks within the resolution window, these stable outlooks and institutional continuity support the 87.5% implied probability that the US rating holds through year-end 2026.