U.S. Credit Rating Downgrade Prospects

July 27 (Bloomberg) -- David Greenlaw, chief fixed-income economist at Morgan Stanley, discusses the prospects of a U.S. credit downgrade by Standard & Poors and the outlook for the bipartisan debt-ceiling negotiations in Washington. S&P, Moody’s Investors Service and Fitch Ratings have said they may cut the nation’s top-level sovereign ranking if officials fail to resolve the stalemate. Greenlaw speaks on Bloomberg Television's "InBusiness With Margaret Brennan." (Source: Bloomberg)