Stocks Sell Off After Moody's US Downgrade; Nvidia Unveils New Tech | Bloomberg Brief 05/16/2025
Taiwan
US equity futures and the dollar declines after Moody's downgraded its credit rating for the US. The yield for 30-year Treasuries surpasses 5% for the first time since November 2023. Nvidia CEO Jensen Huang unveils new tech at Computex in Taipei. President Trump's tax bill advances after GOP lawmakers strike a deal for faster Medicaid cuts. Alfonso Peccatiello of Palinuro Capital says the nominal neutral rate for the US is being raised. Keith Lerner of Truist says the relationship between tech
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