Right now, the junk bond market suggests the economy is fairly strong.
Moody’s downgraded the credit ratings of several regional banks this week, citing rising costs and the troubled commercial real estate sector.
The rates on some types of loans have already been coming down.
Beware of friends and family who want to glom onto your credit score!
$10m in municipal debt downgraded
Why are Moody's, Fitch and S&P so resilient?
SEC gives S&P a suspension, opening a window for its bond-rating competitors.
