Moody’s: Most Sovereigns Face Limited Threat From Corporate Debt Vulnerability To Higher Interest Rates

Comments from the ratings agency Moody’s are crossing the wires via Reuters:

• Most sovereigns globally face a limited threat from corporate debt vulnerability to higher interest rates
• Identifies Argentina (B2 stable) and Turkey (BA3 negative) as the sovereigns most vulnerable to corporate stress
• China (A1 stable) also exposed to corporate stress, though govt has a significantly larger policy, financial buffers than Argentina or turkey