Sovereign debt scenarios are pointing towards doubt where the market has usually had the most confidence, namely U.S. and European debt.
But even though these countries have become increasingly difficult to rate, Moody’s points to scenarios where things could go bad, or much much worse.
And while some of the traditional powerhouses may suffer, the cleaned up Scandinavians may be the place to hide in low risk bonds.
See when various countries are at risk of going bust >
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See Also:
- PIMCO’s El-Erian: You Fools Don’t Realize That The Sovereign Debt Crisis Goes WAY Beyond Greece
- Barney Frank Has No Clue What He’s Talking About When It Comes To Fannie Mae And Freddie Mac
- Germany Says It Welcomes Greek Austerity Plan But There Still Won’t Be A Bailout