The legal framework surrounding private-sector-owned sovereign debt has proven largely effective, especially for bonded debt, ...
Amid rising domestic sovereign debt overhang in some emerging and developing economies (EMDEs), this paper underscores the importance of effective domestic sovereign debt restructuring (DDR) ...
NEW YORK--(BUSINESS WIRE)--New York Life Investments today released the third annual installment of their Megatrends research, titled “Trust or bust: the next era of global debt sustainability.” This ...
Sovereign default risks are on course to rise further in 2021, with Iraq, Sri Lanka, Angola and Gabon at high probability of default, say Goldman Sachs analysts.
Moody’s on Friday cut the US credit rating by one notch, citing rising debt and interest payments that outpace those of similarly rated sovereigns, in a move that marks the end of an era as Moody’s ...
On May 16, 2025, Moody’s downgraded the United States’ credit rating, making it the last major rating agency to strip the United States of its Aaa rating. This downgrade is more than a technical ...
Countries and companies in the developing world are rushing to sell bonds at the fastest clip in at least a decade, taking advantage of high appetite for emerging-market assets to issue debt amid what ...
Moody's has downgraded a few major banks' long-term credit and deposit ratings, after it lowered the U.S. sovereign credit ratings. Major banks, including JPMorgan JPM, Bank of America BAC, and Wells ...
Moody’s Ratings cut the United States’ sovereign credit rating down a notch to Aa1 from the Aaa, the highest possible, citing the growing burden of financing the federal government’s budget deficit ...