(Reuters) - "This could be important," said Lou Brien, a strategist with DRW Trading Group in Chicago. "Keep an eye out for the other rating agencies to follow suit."
The benchmark ABX 07-1 BBB-minus index dropped more than 5 points to 49 points, a record low, after S&P's rating action.
Read more at Reuters.com Business News
The benchmark ABX 07-1 BBB-minus index dropped more than 5 points to 49 points, a record low, after S&P's rating action.
Read more at Reuters.com Business News
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