Dow Jones Newswires | The U.S. isn’t in danger of losing its triple-A bond rating, U.S. Treasury Secretary Timothy Geithner said.

“Absolutely not,” Geithner said in an ABC-TV television interview set
to air Sunday. When asked about the prospect, Geithner said, “That will
never happen to this country,” according to a partial transcript
released by ABC.

Bond rating agency Moody’s Investors Service warned Wednesday that the triple-A rating of U.S. treasury bonds could be in peril unless the federal budget deficit is reduced or the economy rebounds.

The U.S. Treasury official noted that when investors were on edge about a global financial crisis, they sought safety in U.S. Treasury securities and the U.S. dollar,

“That is a very, very important sign of basic confidence in our capacity as a country to work together to fix these problems,” Geithner told ABC-TV.