It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Standard & Poor's on Thursday said it cut Japan's long-term sovereign credit rating to AA minus from AA, and reaffirmed the short-term ratings at A-1 plus. It said in a statement that it "expects Japan's fiscal deficits to remain high in the next few years, which will further reduce the government's already weak fiscal flexibility."
Originally posted by Vitchilo
Well this will impact the stock market... the Japanese one... and probably the US bond market since Japan buys a lot of US bonds...