Tagged: Default Risk

Moody’s cut Ireland’s rating to Junk

Moody’s cut Ireland’s rating to Junk

Ireland joined Portugal and Greece as the third euro-area nation to have its credit rating reduced to below investment grade as European Union finance ministers struggle to contain the region’s sovereign debt crisis. Moody’s...

Greece will have to default and restructure, EU stance change

Greece will have to default and restructure, EU stance change

European leaders are for the first time prepared to accept that Athens should default on some of its bonds as part of a new bail-out plan for Greece that would put the country’s overall...

Welcome aboard Portugal, here is your Ba2 ticket!!

Welcome aboard Portugal, here is your Ba2 ticket!!

Portugal just took a ride on the sinking ship of EU carrying all the junk bonds which are so heavy that drowning is just a matter of time. Nothing can take Europe out of...

US default risk lowest in 2 years: Moody

US default risk lowest in 2 years: Moody

The number of U.S. companies at greatest risk of default dropped to the lowest level in two years as Federal Reserve efforts bolstered the economy, according to Moody’s Investors Service. Companies rated at or...

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