In today’s briefing:
- Lucror Analytics – Morning Views Asia
Lucror Analytics – Morning Views Asia
- In today’s Morning Views publication we comment on developments of the following high yield issuers: Yanlord Land
- On Friday, Moody’s downgraded the US sovereign rating to Aa1 (stable) from Aaa (negative). The downgrade reflects the increase in US government debt and interest payment ratios for more than a decade to levels significantly higher than similarly rated sovereigns, according to the agency.
- Moody’s does not believe that current fiscal proposals under consideration will lead to material multi-year reductions in spending and deficits.
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