Moody’s downgrades Yale New Haven Health Services Corporation (CT) to A1
Moody’s Investors Service has downgraded Yale New Haven Health Services Corporation’s (YNHH, CT) revenue bond ratings to A1 from Aa3. Yale New Haven Health Services Corporation (HSC) is the obligated group agent and borrowing entity for Yale New Haven Health…
Economies with persistent large deficits financed by borrowing, become prone to sustained higher inflation
Economies with persistent large deficits financed by borrowing, become prone to sustained higher inflation. When deficits become too large eventually there’s no amount of money printing that plugs the deficit hole. U.S. Balance of trade U.S. Budget Expenditure to GDP…
Sterling money market rates pricing a 5% bank rate peak at the Bank of England
The 3-Month (Sterling Overnight Index Average) interest rate curve forecast a 5% money market peak interest rate according to the Bank of England These are the Bank of England rates and forwards. the daily rate was 4.18%. That also could…