In a startling turn of events, the global financial landscape faced turbulence as ratings agency Fitch unexpectedly downgraded the United States’ top-tier sovereign credit rating. The ripple effect was felt across Asian stocks and U.S. Treasury yields, leaving investors on edge and seeking stability amidst the uncertainty.

MSCI’s comprehensive index of Asia-Pacific shares suffered a decline of 1.9%, with Japan’s Nikkei dropping 1.8% and Australian shares plummeting 2.3%.&middot

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