Investors are so bullish on the Philippines, Moody's Investors Service calculates that current bond yields imply the market thinks Philippines bonds should have an investment-grade rating of A3. Moody's actual rating on Philippines bonds is six notches below that.
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Investors are so bullish on the Philippines, Moody's Investors Service calculates that current bond yields imply the market thinks Philippines bonds should have an investment-grade rating of A3. Moody's actual rating on Philippines bonds is six notches below that.
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Yield Hunt Leads to Currency Debt
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