S&P downgrades Brazil’s sovereign bonds
Brazil’s long term bonds have been downgraded again by Standard & Poor’s. Amid the current situation in the country, further downgrades from other ratings agencies are likely. However aid from China is keeping Brazil’s economy afloat, which could potentially keep investors interested.
Bonds & Loans is a trusted provider of news, analysis, and commentary that helps illuminate the most significant issues, events and trends impacting the global emerging credit markets.
