Posted on 12/01/2014 5:22:21 AM PST by Enlightened1
Fears over the future of Japan's economy are growing – and Moody's, the credit ratings agency, reflected this on Monday by cutting its credit rating to A1 from AA3.
The news came just after the country's main stock market, the Nikkei, closed at a seven-year high.
(Excerpt) Read more at cnbc.com ...
first crack in the dam
Yes Sir!
Just think Japan is the second largest purchaser of U.S. Bonds.
This ratings decline from Moody’s will probably affect our Bonds market.
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