downgrade

He said he hoped the downgrade 'will give us a renewed sense of urgency' in tackling deficits.

A downgrade could happen before that if the current plan to reduce the budget deficit turns out not to be "credible, " he said.

Despite the downgrade, US government debt was one of the big beneficiaries of the sell-off .

The news comes less than a week after rival ratings agency Moody's put Japan's bonds under review for a possible downgrade.

He said it isn't just a possible French downgrade, but other triple-A countries as well, such as Austria.

On top of that, Obama will now be branded as the president who presided over the national humiliation of a debt downgrade.

He said the chance of a downgrade represents "a higher risk level for the Treasury market than at any point in the memorable past" .

The environment does seem to have changed to a more gold-positive one, on the back of S&P threatening to downgrade the U. S. credit rating.

Brett Rose, head of U. S. rates strategy at Citigroup Global Markets, said, 'On Friday, I said it was 50-50' there would be a downgrade.

S& P said the error wasn't triggered by 'any ratings surveillance activity, ' quashing talk that it was set to downgrade France.

Despite the downgrade, "China is a relative bright spot in an otherwise gloomy global economy, " said the World Bank's David Dollar.

Barclays Capital said the immediate effect of a downgrade should be supportive for the dollar.

A negative outlook indicates the possibility that Moody's could downgrade the country's sovereign credit rating within a year or two.

"Putting a country's rating on review is also not the same as a downgrade, " she said. "An actual downgrade is still an unlikely scenario. "

Remarkably, there was no immediate reaction from the White House after the downgrade was made public.

How much does this downgrade have to do with Congress' recent fight over the federal debt ceiling?

Such a downgrade would be surprising because, with the new legislation, the relative debt outlook for the US has improved.

Most assets had already priced in the underlying condition of countries well before any ratings downgrade, he said.

What looked to be a quiet Friday in Asia was disrupted by an S&P downgrade of Spain which helped to pull the plug on risk.

Separately, the agency said the four remaining U. S. nonfinancial companies with "AAA" ratings were not affected by the downgrade threat.

Despite the uncertainty, some asset managers are trying to calm their clients by putting a positive spin on the downgrade.

Former Massachusetts Gov. MittRomney said the credit downgrade was the "latest casualty" in Obama'sfailed economic leadership.

That, investors fear, means it could be the next target for a downgrade, especially if already anaemic economic growth falters further.

The downgrade was not taken as adding any new information to the question of America's creditworthiness.

You cannot downgrade sickness, but all staffs are a bit relieved to hear that he is doing better.

EXAMPLE: The stock market analyst decided to downgrade his assessment of the company because of its poor earnings recently.

Standard & Poor's decision to downgrade the U. S. credit rating Friday just added to the sense of helplessness, investors said.

S& P, announcing its downgrade, expressed the now-widespread view in markets that the likelihood of such a debt rescheduling is growing.

Stock investors are more easily rattled than Treasury holders, so the downgrade might be a bigger deal for the Dow.

Yes, such an operating system downgrade is possible, but it isnt for the faint-hearted or the average, nontechnical user.

Standard & Poor's decision last Friday to downgrade U. S. debt from AAA to AA status was as much about politics as economics.

Yet a downgrade would still be a shame, if only because this deal ought to open up a further opportunity for US politicians.

Mr Obama said the Republican approach might still lead to a downgrade of the country's triple-A credit rating.

The reason for the downgrade was that bailing out its troubled lenders would put pressure on the sovereign finance.

A downgrade could further spook already-nervous individual investors or foreign investors the U. S. government depends on to borrow.

Markets have been braced for a potential downgrade of France but few expected Germany's top rating to be called into question.

One reason for this downgrade was that the balance of costs that BP faces is skewed to the near term.

With the U. S. flirting with default and a credit-ratings downgrade, investors are once again in uncharted waters.

The first-ever credit downgrade of the U. S. left Wall Street and Washington struggling to come to grips with a new world order.

There is a palpable sense of frustration with German intransigence, but senior officials dismiss all talk of a downgrade as scaremongering.

Thank you S&P. . . some body had to give us consequences for our dismal behavior. We deserve at least this downgrade.

The decision to downgrade AIG (AIG) amid the financial crisis is a perfect example of a rating action having a real and disastrous impact.

First, there was the positive employment report last Friday, largely drowned out by Standard &Poor's downgrade of America's credit rating.

It is the first downgrade warning for one of the stronger European economies since the Greek debt crisis flared up this spring.

He began pouring money into the precious metal on the first trading day after the downgrade, and his foresight has paid off.

However , a project of this kind can downgrade the fast and iterative character of the system development process .

Standard & Poor's, which last month warned Congress of a possible downgrade, is still to announce it decision.

The main credit rating agencies say they are reviewing the U. S. government debt situation for a potential downgrade.

Strange as it may sound, a downgrade could resound in financial markets more with a whimper than a bang.

But it failed to wring a delay out of the agency, which went ahead with the downgrade.

A negative outlook means there is a one-third chance of a downgrade in the next two years.

The downgrade laid bare a distrust of both the Washington political system and the independent firms tasked with standing in judgment of it.

He predicted that the downgrade would lead the Federal Reserve to launch a third round of bond purchases to stabilize the long-term U.

In recent years it has tended to downgrade sovereigns ahead of its rivals, leaving some wondering if its criteria are too harsh (see chart).

In Washington, the White House and the S& P sparred over the downgrade, as did Democratic and Republican lawmakers.

On the day of the rating downgrade the government lost five parliamentary votes, largely because some PdL deputies failed to turn up.

He added, though, that S&P's move is a mere 'gesture' and predicted that it won't actually downgrade the U. S. sovereign rating.

At the time of the Fed intervention, the value of the CDOs insured by AIG was falling dramatically and AIG was facing a credit downgrade.

Mr. Geithner phoned White House Chief of Staff Bill Daley and Mr. Sperling and notified them of the downgrade. Messrs.

SHANGHAI - Who's afraid of the United States' credit downgrade and the worsening sovereign debt crisis in Europe?

So few are the options that even a ratings downgrade of American government debt in August spurred buying of the derided Treasuries.

Administration officials had stewed for months that S& P had an itchy trigger finger gunning for a downgrade.

Other experts have been more sanguine, predicting a rating downgrade would produce only a small rise in interest rates.

Moody's, the rating agency, warned it would probably downgrade Lehman's credit rating unless it was able to quickly find a buyer.

Still yields rose by around 20bp after the statement, with traders say the leap was almost entirely due to fears of a French downgrade.

Its analysis of France had been linked in a section on its website entitled "downgrade" .

On Monday, the possibility of a downgrade and its implications became a heavy topic of discussion among Wall Street analysts.

Critically, the related US credit downgrade illustrates that the system is highly exposed to idiosyncratic risks.

"The downgrade in headline growth does not look as bad as the headline suggests, " UBS said in a research note.

Another question was whether the downgrade would force selling in portfolios with mandates to hold only triple-A-rated investments.

Meanwhile a fresh ratings downgrade of Ireland has shown worries over the euro zone's fiscal health are far from over.

S&P revised its outlook for Spain's AA -rated debt from "stable" to "negative" , a sign of a possible downgrade within two years.

Dagong, he said, is considering a further downgrade.

Bank regulators also said the downgrade wouldn't affect the use of Treasurys as collateral at, say, the Fed's discount window.

The downgrade could intensify concerns about the risks that remain for US fiscal policy and for the economy as a whole.

Greece criticized S& P for Monday's downgrade, saying there were no new facts to justify such a move.

The Standard & Poor's downgrade of United States debt over the summer is a portent of what could lie ahead.

The agencies' failure in the 2008 crisis was to give a false seal of approval to subprime securities, and then to downgrade them in a rush.

Adding to the heightened jitters, ratings agency Moody's placed Greece's ratings on review for a possible downgrade after markets closed.

A downgrade would oblige the company to post $18bn of collateral to back various financial guarantees to counter-parties.

The U. S. credit downgrade shouldn't have much of an impact on the perceived security Treasury bonds provide.

The S&P downgrade adds to the distress of Chinese policy makers as they wrestle with the aftermath of the global economic crisis.

If it's a missing ticket due to a downgrade or region change then you may have a bricked Wii.

Even before Wednesday's downgrade, Dagong ranked the U. S. as a riskier borrower than China.

That's just not true - we believe that everyone has the right to upgrade and downgrade as they please (but at their own risk).

Market watchers have suspected a downgrade was in the works for a while.

I can't think of a single major developed economy that's not looking at the possibility of a downgrade.

The repo market had been an area of concern related to the S& P downgrade, as the repo market relies heavily on Treasury collateral.

But the chances are that stalemate will return, and any declarations of victory over a debt downgrade are likely to prove premature.

The downgrade, hours after markets closed on Friday, is a first for the United States since it was granted an AAA rating in 1917.

As some think could happen with the U. S. , that downgrade wasn't immediately matched by other ratings companies.

On June 8th Fitch, a rating agency, said such a default would trigger a downgrade of America's credit rating from AAA to junk.

A gloomy outlook for both the United States and Europe are the reasons for the IMF's downgrade.

He used to be a first-rate workman, but he has been on the downgrade for some while now.

Since October, S&P has accelerated its deadline three times for when it might downgrade the United States' credit rating.

Many investors believe that S&P, based on its public statements, is the most likely of the agencies to downgrade the U. S.

Opposition lawmakers blasted Mr. Kan, who was previously finance minister, for his initial response Thursday to the downgrade.

He added: "The UK is winning the least ugly competition? . ? . ? . ? We regard the downgrade as irrelevant. "

Moody's and other debt-raters have cast a worried eye over the market, placing subprime deals on watch for a possible downgrade.

It was naive to think a distressed debt exchange could ever escape a rating downgrade.

Moreover, there is a sliver of a silver lining given that the downgrade may serve as a wake-up call for US policymakers.

One wrote: "The U. S. suffered a downgrade, why did we have to become the biggest victim? "

The downgrade led to a steep sell-off in the Greek, Spanish and Portuguese bond markets, adding to their borrowing costs.

If we found a way to downgrade, you can be sure that we'd share it.

"We think there is no objective reason for a downgrade or negative outlook on France's credit rating, " comments one.

The rising yen and a slowdown in global demand for Japanese exports was blamed for the downgrade.

Toyota group suppliers Denso, Aisin and Toyota Industries also were put on notice of a downgrade in their investment grade bond ratings.

"I don't think we'll pay more in interest, " Miller said, calling the downgrade more of a symbolic event than an economic event.

Just as notably, the central bank and other government agencies remained officially silent about the downgrade.

Again, the main reason why UK banks risk "potential downgrade" is that they might be resolved without taxpayer support.

Recently, several credit rating agencies formally announced they were evaluating a possible downgrade.

I would only say that the downgrade was a momentous event for the Treasury and not an easy one.

Each of the big three credit-ratings agencies reaffirmed France's AAA status last week, and none has said it expects an imminent downgrade.

This triggered a sovereign debt downgrade and a sharp further fall in the already depreciated krona.

Today, France, which found itself at the middle of the week's debt-downgrade and banking panic, reported disappointing growth figures.

Just look, to cite one example, at how the euro moved after Moody's warned on Wednesday it could downgrade Spanish sovereign debt.

The consequences of a downgrade would be far-reaching.

Any downgrade of Japanese sovereign debt would certainly increase the likelihood of a debt crisis.

The nervousness over a potential US downgrade shows the potential for mischief should this risk-free illusion be shattered.

It faces no immediate challenge to its status, notwithstanding the debt downgrade, because there are few good alternatives.

That bred confusion among traders as to whether the dollar might even rally in the event of a default or downgrade.

Ultimately, they decided to downgrade the U. S. 's debt from AAA to AA .

A Knights of Columbus spokesman said S&P's downgrade has 'nothing to do with us; everything to do with Washington. '

As a consequence, US borrowing costs are unlikely to rise materially as a result of the downgrade.

The downgrade of the US may make a downgrade of other main currency countries, notably the UK and France, more agreeable.

U. S. bank regulators also were quick Friday night to say the downgrade wouldn't affect the risk-weighting of Treasury assets held by banks.

S&P's downgrade of U. S. debt is a reminder that the financial system is one shock away from more instability.

General Motors' shares went into free-fall on Thursday, dropping 31% after a rating agency threatened to downgrade its debt.

This trend was confirmed by the recent downgrade of the Federal Reserve's forecast for real gross domestic product growth.

The markets shrugged off the downgrade, however, and Japan maintains low long-term interest rates.

But both warned that a downgrade could occur if the U. S. failed to rein-in growth of its debt load, now $14. 3 trillion.

This means the US could remain vulnerable to a downgrade of its top credit rating.

Such a downgrade is widely feared by US policymakers.

The move, which followed a similar downgrade by Standard & Poor's four weeks ago, fuelled fears of contagion throughout the eurozone.

As such, the estimate of costs associated with a downgrade is considered conservative.

This was the most benign outcome, if a downgrade was to happen.

Basically it means that during the next few weeks they will make an analysis of Nokia, and decide on a possible credit rating downgrade.

S&P's decision on Tuesday also to downgrade the debt of Portugal by a couple of notches pushed European and world stockmarkets lower.

Mr. Bernstein expects corporate and municipal bonds to drop much more drastically if the Treasury market is hit by default or downgrade.

The downgrade caused stock markets to fall amid fears of a potential wider fiscal crisis in the euro area.

The downgrade occurred late Friday. Ratings agency Standard & Poor's lowered the U. S. government's top-notch AAA rating to AA .

At what point, some financial analysts ask, do rating agencies downgrade the United States?

A downgrade immediately increases borrowing costs as investors demand a premium to compensate for the higher perceived risk.

India's sovereign credit rating, hovering just above junk status, is under review for a downgrade.

Rating agencies would blindly downgrade governments that participated and this would inevitably intensify the debt crisis.

Continuous long and steep downgrade sections are often hazardous locations.

He added, 'this downgrade may undermine confidence in the dollar, so we are once again dealing with a tough situation. '

Meanwhile, suppliers demand instant payment from companies with weak balance-sheets and equity investors downgrade the shares.

Firstly, a sovereign credit rating downgrade hurt sentiment, deteriorating economic data and political issues have all weighed on the yen.

That can have economic impact on a country and its airlines, and the threat of a Category 2 downgrade can prompt improvement.

Some downhill roads can reach several kilometers or even dozens of kilometers, which are called continuous long and steep downgrade.

And Ireland is bracing itself for a credit downgrade on its sovereign debt.

Fitch blamed inconsistent state policies, external finances, and weak domestic banks for the downgrade.

"The downgrade reflects the additional fiscal costs of restructuring and supporting the banking system, " Fitch said in the statement.

That could provide markets with a measure of stability despite the downgrade.

Congress is again riven over funding the government, just weeks after the summer's debt-ceiling debate led to a downgrade of Treasury debt.

Personally I wish the ratings agencies would just downgrade all the remaining triple-As.

The downgrade was blunted by reduced imports , an uptick in exports and an infusion of government spending .

Monday, Standard & Poor's Ratings Services put Pfizer's triple-A credit rating on watch for downgrade after news of the deal.

The most interesting aspect of Moody's rating was not the downgrade itself, but the reasoning.

However, this mechanism enables a subscriber to downgrade the QoS of a message.

Many investors have already discounted a downgrade to France's AAA rating, given expectations its economy will enter recession next year.

Credit agencies issued downgrades or downgrade warnings for countries like Spain, Portugal, Ireland, and Greece.

Emerging markets stocks and currencies plummeted on Monday, after the downgrade of the US's credit rating by Standard & Poor's.

On July 13th Moody's put the United States on review for a downgrade.

Whether the downgrade will have a more tangible impacton the economic outlook remains to be seen.

The White House remained mum on the downgrade early Saturday.

The U. S. remains under the cloud of a possible downgrade.

So fear of a ratings downgrade will have to do.

History offers few clues on the consequences of a downgrade to the world's dominant risk-free asset.

Adding to the uncertain mood were fresh concerns about the eurozone periphery following another downgrade to Greece's sovereign debt rating.

Included in the downgrade were the senior issue ratings on debt issued by Fannie and Freddie, the giant mortgage-finance firms.

Credit rating agencies have been quick to downgrade and opine about several sovereigns .

It needed the cash to avoid a potentially damaging downgrade of its credit rating.

China has nothing to fear from the U. S. credit downgrade.

Skeptics downplay the significance of a potential S&P downgrade.

Given the deal does little to address either, the agencies are likely to make good on their threat to downgrade.

Negative data surprises have forced many to downgrade their forecasts for growth and policy implications, especially in the US.

Early this year S& P took a second shot, with another downgrade to double A minus.

Yet in the eyes of many investors, Tuesday's downgrade put it on the same trajectory as its southern neighbor.

But Germany's dithering on authorising the loan led to Standard & Poor's, a rating agency, to downgrade Greece's debt to "junk" status.

The move shows China's willingness to maintain global market stability following America's credit downgrade and debt crisis.

'What really mattered more [than the downgrade] were the macro-economic issues of the day, ' he says.

Spain and Portugal were both downgraded by Standard &Poor's, a credit-rating agency, following an earlier downgrade for Greece.

Once the regulation is fully implemented, China will no longer have an Internet. In effect, it will downgrade to an intranet.

The U. S. and U. K. are forecast by the agency to hit this level in 2012 - although that doesn't mean a downgrade is inevitable.

The downgrade by Standard & Poor's of US sovereign debt, from triple A to double A plus, was precipitate, wrong and dangerous.

The indirect implications of the downgrade, though, may prove more troublesome.

Many worry that the downgrade could further undermine the confidence of U. S. consumers and businesses.

The downgrade clock began to tick.

The downgrade of Portugal was a good excuse to keep selling euros, Woolfolk said.

A rating downgrade for France and the rest of the eurozone is thus logical and deserved.

The downgrade overshadowed further signs of optimism from surveys of corporate sentiment in Germany and Japan.

Will the U. S. credit downgrade could make Obama a one-term president?

Just think about all the crises that haven't happened, say with the downgrade of General Motors and Ford or the collapse of Amaranth.

Portugal's downgrade was a sign that sovereign-debt concerns could transmit from one euro-zone economy to another.

In some ways, S& P has done its peers a favour by going first with a US downgrade, and absorbing a powerful backlash.

Downgrade A negative change in the rating of a security.

It wasn't a surprise, but the downgrade of Greek sovereign debt by Fitch to triple B-plus still came as a shock.

It justified its downgrade by saying that private sector holders of Greek debt were "virtually certain" to incur losses.

The question has become more urgent following the recent credit downgrade of Greece on concerns over its public debt burden.

Didn't the collapse of Lehman and the recent S& P downgrade of the U. S. teach you anything?

There has been no official comment from Beijing since the downgrade.

The Greek government's cost of borrowing money has surged following a rating agency downgrade early in 2009.

He added that where necessary the regulator would "downgrade assets and increase provisions" .

Demand for mortgage-backed securities cooled only slightly Monday, despite the downgrade.

You cannot downgrade an instance of Notification Services to an earlier version or lower edition.

Wall Street eminences are already treating the downgrade as a fait accompli.

It is possible to downgrade packages, but that is not covered here.

The scale of the cost could trigger a downgrade to Ireland's sovereign credit rating, the agency added.

Standard & Poor's recent downgrade of America's credit rating appears to confirm the superpower's steady slippage.

Given that the U. S. downgrade was widely anticipated, what do you make of the sharp stock market selloff?

In the interim, they chose to issue a downgrade of the US credit rating, " Treasury statement said. "

Beyond the current uncertainty, some see the downgrade meaning higher Treasury yields are in the offing eventually.

They have been put in the lowest category of "vulnerable" to a downgrade.

Fear of a downgrade has pushed him into more effort to balance the books.

The downgrade of Ireland this week signaled Moody's belief that Ireland has a higher likelihood to default on investments.

"This downgrade rate is higher than pre-economic crisis figures, " said Jennifer Tennant, Moody's analyst.

I negotiated a downgrade to breakfast and a deal was struck.

El-Erian says the S&P downgrade will have significant psychological and economic effects for the world economy.

French credit downgrade could come 'within days' French credit downgrade could come 'within days'

You can upgrade or downgrade from one plan to another free of charge provided that your current account falls within the limits of.

The yen has also pared some of yesterday's losses after the S&P downgrade to Japan's sovereign credit rating.

That isn't to say there couldn't be some unintended or unforeseen effect from the downgrade.

Adding up what the effect a downgrade would have on bond yields is a bit tricky.

Will a downgrade finally trigger the much-predicted plunge in markets and spike in bond-market interest rates?

Debt-laden Japan (AA) is paying 1. 1%, and its downgrade had little perceptible impact on its borrowing costs.

Asian markets opened cautiously lower Monday as investors digested the downgrade's impact.

The pro-independence party rejects the 1992 consensus as a dangerous downgrade of sovereignty.

European debt crisis: will Ireland be next for a downgrade?

Still others, like Michaelski, say the markets may have anticipated the downgrade and may not react dramatically when they reopen on Monday.

A downgrade can even tip countries towards recession or companies towards bankruptcy.

The downgrade of the $6bn Victoria SIV by Standard & Poor's takes its rating deep into "junk" territory, to B minus.

After the debt cliff-hanger, the downgrade and the panic, America's politicians turn to the urgent task of recrimination.

Hot money inflows will see major re-allocations due to the US ratings downgrade.

Limiting gains was Morgan Stanley's downgrade of semiconductors, which weighed on the sector.

When the downgrade is to lower-tier ratings, the impact on interest rates has often been 'significant, ' Mr. Rudolph-Shabinsky found.

The firm warned that it could downgrade the debt rating if officials fail to reach a credible plan to rein in the deficit by 2013.

The attack comes two days after the Iran's parliament voted to downgrade diplomatic relationship with London.

Copper is also likely to shudder at the implications of the S& P downgrade.

A downgrade of US debt has triggered a flight to liquidity towards the very assets downgraded.

A downgrade of America's credit rating and more worries about the American economy and European debt caused stock markets to plunge again.

No, I'm not ignorant of America's stumbling economy, France's impending S& P downgrade or Wall Street's sundry woes.

"The immediate nervousness triggered by the downgrade. . . that is dissipating, " said Mr Bew of the Economist Intelligence Group.

The downgrade immediately set the tone of Asia as risk adverse, and the moves that followed favored the yen and the dollar.

Rating agencies badly misjudged default rates in subprime mortgages and are now having to downgrade reams of securities linked to them.

Downgrade rating to Accumulate due to valuation reasons.

Unable to downgrade the volume.

Next, collects the field running speed data of 'Lao Yu' long and steep downgrade sections on Xi Han highway.

Fitch took Berkshire down a couple of notches last month, and Standard & Poor's is also eyeing a possible downgrade.