Recent affirmations by Fitch, S&P, and Moody’s—with stable outlooks despite elevated deficits near 7% of GDP and debt-to-GDP above 117%—have anchored trader expectations against another downgrade before 2027. Moody’s Aa1 rating (following its 2025 move) and Fitch’s AA+ affirmation in August 2026 reflect ongoing concerns over interest costs and fiscal trajectories but show no immediate triggers for further action. Scope’s AA- stable rating and DBRS confirmation at AAA further signal limited near-term downside. With the next debt ceiling pressures projected for mid-2027 and no fresh legislative or economic shocks in the final months of 2026, the consensus implied probability favors continuity in current ratings.