All three major U.S. stock market indexes rose Monday afternoon, following an earlier selloff sparked by long-dated Treasury yields surpassing the 5% mark after the financial ratings agency Moody’s downgraded the U.

That legislation, which the Congressional Budget Office estimated will add $4.5 trillion to the deficit through 2034, proved to be the final straw for Moody’s. The credit agency had previously kept the U.S. in its top rung of borrowers since it first issued ratings for government bonds in 1919.