6.2 Role of Credit Rating Agencies

In this section

• Major Credit Rating Agencies: Understanding Their Role in Bond Markets
  Explore the pivotal role of major credit rating agencies like Moody's, Standard & Poor's, and Fitch Ratings in evaluating and rating debt issuers and instruments, and their influence on the bond market.
• Bond Rating Scales: Understanding Credit Ratings and Their Impact on Bond Markets
  Explore the intricacies of bond rating scales, understand the distinctions between investment-grade and speculative-grade ratings, and learn how these ratings influence investor perceptions and bond pricing.
• Criticisms and Limitations of Credit Ratings
  Explore the controversies, limitations, and regulatory responses surrounding credit rating agencies in the bond markets.