The Warriors announced that their 23-year-old wing had successful surgery on a torn ligament on his shooting hand. That might explain why he went from starter to benchwarmer in the playoffs.

SAN FRANCISCO (AP) — Golden State Warriors guard Moses Moody underwent surgery on his injured right thumb and is expected to be fully recovered by the start of training camp. The Warriors said Moody had the operation on Wednesday in Los Angeles to repair a torn ulnar collateral ligament in his right thumb.

The Treasury plans to auction $16 billion of 20-year bonds, with results due just after 1 p.m. Eastern. The offering will mark the first auction of longer-duration Treasury bonds since Moody’s on Friday became the third and final rating agency to strip the U.S. of its top Triple-A credit rating.

Credit ratings agency Moody's on Friday upgraded its outlook on Italy to "positive", in a boost to Prime Minister Giorgia Meloni's efforts to tackle strains on the country's finances and manage debt.

The Moody’s announcement sent the yield on a 30-year Treasury bond to a high of 5.01% at one point on Monday. Bond yields rise as bond prices fall. When a selloff hits and demand for bonds dries up, it sends bond prices lower. In turn, bond yields move higher.

The debt downgrade is raising concerns that investors could reevaluate their appetite for U.S. government bonds, with the potential for rising yields.

The Philippine central bank may consider reducing its holdings of US Treasuries after Moody’s Ratings downgraded the US’ credit score, according to Governor Eli Remolona.

Golden State Warriors guard Moses Moody underwent surgery on his injured right thumb and is expected to be fully recovered by the start of training camp. The Warriors said Moody had the operation on Wednesday in Los Angeles to repair a torn ulnar collateral ligament in his right thumb.

Moody's has withdrawn the credit rating of the financing arm of Thames Water's parent company, citing a lack of information on the embattled unit.

Moody’s Ratings has joined Fitch Ratings and S&P Global Ratings as the last credit agencies to downgrade the U.S. economy, the world’s largest. The agency cited the country’s

Moody’s decision to join other major ratings agencies in downgrading the U.S.’s once-pristine credit rating could have a tangible impact on Americans’ wallets. The agency has dropped the U.S. sovereign credit rating—an assessment of the country’s ability to pay its debts—down one level from the highest possible Aaa to Aa1.