(Reuters) - NEW YORK, June 27 - Moody's Investors Service on
Wednesday said it expects to downgrade more subprime-related
collateralized debt obligations this year and next than it did
in 2006.
"Given what's been said about this market, as we see
expectations of cumulative losses increasing, yes, I do expect
to see downgrades," Yuri Yoshizawa, group managing director at
Moody's, told Reuters.
Read more at Reuters.com Bonds News
Wednesday said it expects to downgrade more subprime-related
collateralized debt obligations this year and next than it did
in 2006.
"Given what's been said about this market, as we see
expectations of cumulative losses increasing, yes, I do expect
to see downgrades," Yuri Yoshizawa, group managing director at
Moody's, told Reuters.
Read more at Reuters.com Bonds News
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