Cut to Baa3 by Moody’s — one notch above junk.
Feels like that country always has the option of joining the US, which is like a like a put option on its debt.
Ricky’s not impressed.
Cut to Baa3 by Moody’s — one notch above junk.
Feels like that country always has the option of joining the US, which is like a like a put option on its debt.
Ricky’s not impressed.
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