Moody?s warns Spanish rating may be cut

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Moody?s warns Spanish rating may be cut

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12-15-2010, 11:42 AM

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Moody?s warns Spanish rating may be cut

Ratings agency Moody’s today announced it has put Spanish bonds on watch for a possible downgrade due to its high funding requirements. However, the agency said it does not expect Spain to turn to the EU fund for a bailout. In a statement, Moody’s lead analyst on Spain Kathrin Muehlbronner, said: “Moody’s does not believe [...]

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