An EU requirement that credit rating agencies announce rating decisions on a predetermined schedule might change the way the sovereign-debt market works, experts say. "It will be similar to the way you get stock market volatility ahead of [Federal Reserve], [European Central Bank] and Bank of England meetings as the market tries to second-guess what they will do," said Alan Reid, managing director of credit rating agency DBRS. "In between the decisions, there will be less volatility, but overall, there could be more because right around those dates you would concentrate it."

Full Story:

Related Summaries