Standard & Poor’s (S&P) and Moody’s are firms that rate bonds and publish the ratings. They are credit rating agencies that assess the creditworthiness of issuers of debt, including governments and corporations, by assigning ratings that indicate the level of risk associated with investing in their bonds. These ratings help investors make informed decisions about the potential risks and returns of their investments.
What are Standard & Poor’s and Moody’s?
the largest issuers of junk bonds
a part of the Securities and Exchange Commission
firms that rate bonds and publish the ratings
financial intermediaries
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