Credit ratings agencies silent about possible downgrade:

08/1/2011 | Los Angeles Times (tiered subscription model)

The major credit rating agencies have yet to say whether the debt deal struck by President Barack Obama and congressional leaders will be enough to maintain the government's top credit rating. Some analysts and insiders, however, say the potential for a downgrade remains. "The chances of a downgrade after this deal remain substantially high," said Ajay Rajadhyaksha, head of U.S. fixed-income strategy at Barclays Capital.

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