Moody's Investors Service raised Italy's rating outlook to stable, affirming the country's credit rating at Baa3, one notch above junk. This unexpected boost for Prime Minister Giorgia Meloni's government led to a rally in Italian bonds and a decrease in the extra yield investors demand to hold Italian bonds over safer German securities. Moody's also revised up the outlook on SoftBank to stable from negative due to a reduction in its leveraged debt levels and better transparency in its investment portfolio after the listing of chip unit Arm.
🔴 BANK OF ITALY: HIGH PUBLIC DEBT WEIGHS ON THE ECONOMIC OUTLOOK.
⚠️ ITALY NEEDS TO GET TOUGHER ON DEBT, DEFICIT -IMF'S GEORGIEVA Full Story → https://t.co/3JvQBnrc9o Italy should be taking tougher action to deal with its deficit and debt levels, the head of the International Monetary Fund (IMF) said in an interview published online on… https://t.co/A4vsRsc1cc https://t.co/9hu2o0Fxl4
The public debt crisis is here, according to Moody’s Analytics chief economist @Markzandi. Full comments: https://t.co/CeNX2kZz9c
Italy bond risk fades on ‘game changer’ Moody’s outlook boost https://t.co/4mEa7srK0u via @alicegledhill1 https://t.co/9MfyCWyu9b
The extra yield investors demand to hold Italian bonds over safer German securities falls to the lowest level since early September, after Moody’s pulled the nation’s credit rating back from the brink of junk https://t.co/5EaTm7ruuy
The extra yield investors demand to hold Italian bonds over safer German securities falls to the lowest level since early September, after Moody’s pulled the nation’s credit rating back from the brink of junk https://t.co/qhlsU4hqcY
Italian bonds rally after Moody’s credit rating reprieve https://t.co/ubEBbqaHfj
Moody’s says it revised up outlook on SoftBank to stable from negative on a reduction in its leveraged debt levels as well as better transparency in its investment portfolio after the listing of chip unit Arm https://t.co/HursiBn4Og
Moody’s says it revised up outlook on SoftBank to stable from negative on a reduction in its leveraged debt levels as well as better transparency in its investment portfolio after the listing of chip unit Arm https://t.co/Vf8YTWQUES
🔴 MOODY'S REVISES SOFTBANK'S OUTLOOK TO STABLE FROM NEGATIVE.
MOODY'S LIFTS ITALY'S DEBT OUTLOOK TO STABLE (Reuters) Moody's on Friday left Italy's sovereign debt rating at Baa3, one notch above junk, but upgraded the outlook to stable from negative, in an unexpected boost for Prime Minister Giorgia Meloni's government. https://t.co/IFQIM0H89D
🇮🇹 Moody's lifts Italy's debt outlook to stable in boost for Meloni govt Moody's on Friday left Italy's sovereign debt rating at Baa3, one notch above junk, but upgraded the outlook to stable from negative, in an unexpected boost for Prime Minister Giorgia Meloni's government.… https://t.co/CbADZ6VeSo https://t.co/yBbs58R29V
Moody's lifts Italy's debt outlook to stable in boost for Meloni govt https://t.co/tb0WC1PQyI https://t.co/meYvDxMhHA
⚠️ MOODY'S LIFTS ITALY'S DEBT OUTLOOK TO STABLE IN BOOST FOR MELONI GOVT Full Story → https://t.co/dGjwdAXqnA Moody's on Friday left Italy's sovereign debt rating at Baa3, one notch above junk, but upgraded the outlook to stable from negative, in an unexpected boost for Prime… https://t.co/99IDDzjWg1
Moody’s affirms Italy’s credit rating and upgrades outlook https://t.co/uxwamjdP0Z
Italy is no longer in danger of a cut to junk at Moody’s Investors Service, which raised its rating outlook to stable in a huge win for Prime Minister Giorgia Meloni. https://t.co/tAUVLzX2V1