Uneven Pressure The inflation report lent some support to the euro Friday despite a downgrade by Moody's Investors Service of Ireland's government debt to near-junk status. ❋ Brian Blackstone (2011)
This is clearly the exception, as most 5-year old or older bows these days are considered near-junk. ❋ Unknown (2009)
The euro traded near a five-month high versus the dollar—brushing near $1.4250—as the ECB interest-rate outlook overshadowed a downgrade of Portugal's government debt to near-junk status. ❋ Bradley Davis (2011)
Adding to volatile trading, ratings firm Fitch on Friday downgraded Greece to BBB - while retaining a negative outlook, taking the country's sovereign debt to a near-junk rating. ❋ Bradley Davis (2010)
In volatile trading, the common currency had strengthened 1.1% by late afternoon, rebounding from a brief intraday dip after Fitch Ratings downgraded Greek debt to near-junk status to brush up against $1.35 even as no solid plans for a bailout emerged. ❋ Bradley Davis (2010)
He can also justifiably claim to being a "fiscal conservative," steadfastly standing behind the votes he made in the County Legislature to bring back Nassau County to fiscal health from near-junk rating. ❋ Steve Perez (2007)
The Itraxx investment index is only two basis points below its August high, and the crossover (near-junk) index is a mere 40 basis points below its 430-basis-point high. ❋ Unknown (2007)
A string of downgrades by all three major international ratings agencies in recent months mainly due to Cypriot banks' large Greek exposure have brought the island's rating down to near-junk status. ❋ Unknown (2011)
Ronaldo has agreed to "act like a patriot" in the wake of his country's credit-rating downgrade to near-junk status. ❋ Unknown (2011)
More than a few bond players have decided that the market, which slashed Greek, Portuguese and Irish debt to junk or near-junk status well before the ratings folks got around to it, knows best. ❋ BRIAN MILNER (2011)
The gas discovery bodes well for Cyprus, which is struggling with record unemployment and a near-junk status credit rating due to its banks' high exposure to Greek debt. ❋ Unknown (2012)
The only two it left out were Cyprus, whose bonds have near-junk status, and Greece, whose low ratings suggest it is likely to default on its debts soon anyway. ❋ Unknown (2011)
The S&P warning left out only two of 17 countries that use the euro: Cyprus, whose bonds have near-junk status, and Greece, whose low ratings already suggest it is likely to default soon anyway. ❋ Unknown (2011)
