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The agencies assess their the ability to pay off loans or investments and then rate them on a sliding scale, ranging from AAA to D.
CNN: Explainer: The power of credit rating agencies
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The highest-flying markets in recent weeks have been for bonds issued by the least creditworthy companies: those rated B and lower. (For comparison, the highest is AAA and D stands for default.) The Merrill Lynch index of B-rated corporate bonds now yields 7.4% a quarter of a point less than a month ago, even though Treasury-bond yields are higher.
ECONOMIST: Buttonwood
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According to the AAA in Washington, D.
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And who'd be first in line for an AAA or a junk rating?
BBC: Rio: Rating the environmental stars
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The sophisticated design makes charging batteries foolproof since up to four multiple-sized batteries (AAAA, AAA, AA, C, D, 9 Volt, and lantern batteries), can be charged simultaneously.
ENGADGET: Digital Works' ReZap recharges disposable batteries, coming to North America in May