Here is another Great Graphic. It comes from Thomson Reuters and it provides a useful table to compare the ratings of the major agencies of several key countries in the euro area.
After this week's move by Fitch on Spain, it leaves Moody's A3 rating as looking out of sync. What does seem a bit surprising though, is Fitch now rates Spain below Ireland. S&P rates both Ireland and Spain the same at BBB+. Looking at the CDS pricing, the market does not agree.
Great Graphic: Selected Euro Area Credit Ratings
Reviewed by Marc Chandler
on
June 08, 2012
Rating:
Reviewed by Marc Chandler
on
June 08, 2012
Rating:
