The rate of sovereign downgrades in the spring of 2020 was unprecedented. We are now back down to the normal

The rate of sovereign downgrades in the spring of 2020 was unprecedented. We are now back down to the normal level of the period since c. 2013. Waiting for the shoe to drop?
ft.com/content/0582e4… https://t.co/LNHJWvG4uW

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