Rating agencies respond cautiously to Japan's disasters

For the time being at least, the three main rating agencies are taking a sanguine view of Japan's sovereign and corporate debt, but warn that it is too early to make a judgment.
March 17, 2011

The massive earthquake and tsunami that hit northeastern Japan on March 11, and the continued destructive threat posed by the worsening failures at the Fukushima nuclear power plant, have provoked a cautious response from the three leading credit rating agencies.

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