There is no near-term prospect of benchmark status of us dollar and us treasury market being undermined

Affirmation of U.S.' rating reflects exceptional economic strength, very high strength of institutions, very low exposure to credit-related shocks

It sees little prospect of U.S.' economic strength diminishing materially in the foreseeable future

Would consider changing outlook & ultimately moving U.S.' rating if it concluded over coming years policymakers do not have capacity to respond decisively to mitigate adverse fiscal dynamics over medium term