Gold rose as the dollar tumbled after Moody’s Ratings stripped the US of its last top credit rating due to ballooning debt and deficits.Most Read from BloombergAmerica, ‘Nation of Porches’Maryland’s Credit Rating Gets Downgraded as Governor Blames Trump NJ Transit Train Engineers Strike,

The dollar slipped again Tuesday, weighed down by the Federal Reserve’s caution over the economy while traders considered news of upcoming U.S.-Japan talks.

The yield on both 10 and 30-year government bonds rose on Monday after another credit ratings agency downgraded the US on Friday.

Investors have taken in stride the Moody's U.S. credit rating downgrade and are back pining for trade deals as a distinct lack of agreements from negotiations keep them on edge with the clock ticking on the United States' 90-day pause.

Investors faced yet another bumpy start to the trading week with US assets coming under fresh pressure, although it’s mounting concern over American debt rather than tariffs generating the volatility this time.

The dollar traded sideways on Tuesday after having glided lower for a week, hemmed in by the Fed's caution over the economy and as U.S. lawmakers came closer to passing a bill expected to widen the nation's fiscal deficit.

The U.S. Dollar (DXY) saw a sharp fall on Monday after ratings agency Moody’s decided to strip the U.S. of its last remaining top-tier credit score, raising fears of America’s rising debt burden.  The greenback was last down 0.

DXY rebounds but stays vulnerable as Moody’s downgrade, debt concerns, and rising gold prices challenge the dollar’s reserve currency strength.