The Changing Sovereign Risk Landscape
Before the global financial and economic crisis, the strong, stable credit quality of sovereign debt was virtually unquestioned. Now, sovereign credit concerns are challenging the very idea of risk-free assets.
This movement in market perception is unprecedented. What hasn’t changed is Moody’s rigorous, through-the-cycle perspective on the financial, economic and political pressures impacting sovereign risk. We provide context for press headlines, many of which feature articles quoting our analysts and citing our research.