S&P lowers its outlook on Japan’s sovereign rating

Published on April 27, 2011 by IFX | NEWS   ·   No Comments Standard&Poor's (S&P), the rating agency, this morning lowered its outlook for Japan's long term credit rating to 'negative', from 'stable'. The aforementioned is meant to reflect the potential for a downgrade in the next two years, should fiscal deterioration materially exceeds those estimates. Simply put, the country's fiscal...