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Aswath Damodaran says sovereign credit ratings often lag market reality, even if they broadly track default risk. He points instead to updated country equity ri
BWB News TV • 2026-07-15 22:52 UTC • By Billy Odell Tucker-Robinson
Aswath Damodaran says sovereign credit ratings often lag market reality, even if they broadly track default risk. He points instead to updated country equity risk premiums, built from a 4.17% base, to capture default and market risk faster.
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