Bloomberg (September 16)
2015/ 09/ 17 by jd in Global News
Standard & Poors became the latest credit-rating company to downgrade Japan, following earlier moves by Moody’s and Fitch. “Could the Japan downgrade presage a stampede for the exits by international investors? Unlikely.” Most JGB investors are domestic “and probably won’t be concerned about the verdict of U.S. financial services companies, especially ones with the questionable reputations of the credit raters.” Japanese investors will continue to “view Japanese bonds as the ultimate safe zone.”
Tags: Credit rating, Downgrade, Fitch, Investors, Japan, JGBs, Moody's, Reputations Bonds, Safe, Standard & Poors, U.S.
