US EditionHow the US Became a ‘BBB’ Risk, Such as Italy and Greece
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US securities have not only lost triple-A ratings as they have already negotiated on the market with risks similar to those of ‘BBB+’ countries, such as Greece and Italy. This is what they show credit default swaps (CDS), derivatives that serve as insurance against default and whose spreads are one of the indicators used to measure the risk of inadmissibility, whether of a company or country. The table below, developed by Apollo’s chief economis…
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