Moody's warns government shutdown would be negative for US debt rating as it would highlight weak governance

• A government shutdown would be "credit negative" for the US debt rating, Moody's warned Monday.
• A shutdown would highlight how political polarization is weakening fiscal policymaking, it said.
• Moody's is the last major credit rating agency that still gives the US a top score.

A government shutdown would be "credit negative" for the US debt rating, Moody's Investors Service warned on Monday.

The credit rating agency, which is the last major outfit that still gives the US a top score, highlighted how political dysfunction is a burden on the country's financial wellbeing.