The State of Finland and fast-food chain McDonalds are now deemed more credit-worthy than the U.S. when measured by prices of CDS-derivatives (credit default swaps).
The insurance risk-premium for a 10-year U.S. treasury bond shifted on Friday up to 0.3% according to a broker in a Finnish bank. In practice this means that if an investor wishes to insure 10 million dollars worth of U.S. T-bonds against a government default the insurance will cost 30,000 dollars. Such an insurance for the same amount of investments on Finnish bonds cost on Friday only about half of that at 16,000 dollars. Even loans to McDonalds would be cheaper to insure than U.S.-bonds, at 28,000 dollars per 10 million.
CDS-derivative prices are an indicator of investors views and mood, but as such they reveal nothing of the true financial state and wealth of their targets. Thus, while Finlands and McDonalds risk of bankruptcy is now smaller in investors opinion than that of the U.S. this does not mean that Finland and McDonalds would necessarily be any wealthier and thus safer targets of investment than the U.S.
This being said, it is extremely rare for a fast-food chains corporate loan to be viewed as a safer investment than the bonds of the worlds most powerful country.