Credit rating agencies have historically failed to anticipate the public debt crises in rich countries. This Wikirating blog article describes how Moody’s sovereign rating methodology… Read More »How Moody’s has drawn the lessons from the Eurozone debt crisis
This column explains how and why sovereign ratings and bond yields failed to anticipate the Eurozone debt crisis. It also argues that, paradoxically, sovereign ratings… Read More »Eurozone, Sovereign Ratings and Bond Yields
The sovereign and municipal debt crisis of the early 2010s is finished. Overblown predictions of a credit meltdown among European sovereigns, US states and cities,… Read More »Government Credit Crisis Over – So Where are the Upgrades
Regulation (EU) no. 462/2013 of the European Parliament and of the Council of 21 May 2013 requires credit rating agencies to publish a calendar of… Read More »Is the Eurozone Debt Crisis Over? The View from Moody’s
On November 28, 2001 Enron lost its investment grade credit rating. Four days later, the company filed for bankruptcy. Those awaiting a similar collapse after… Read More »Puerto Rico Rating Downgrades: Enron Redux?