Because derivatives are traded in liquid markets, they rapidly transmit information about the creditworthiness of borrowers.
In other words, S&P thinks Brexit would weaken the creditworthiness of the EU.
The ECB is certainly entitled to monitor the creditworthiness of its debtors.
Nobody wants to put the creditworthiness of the United States in jeopardy.
Fiscal stimulus is counterproductive if people then start to doubt the creditworthiness of sovereign borrowers.
They worried less about the creditworthiness of borrowers as a consequence.
The introduction of central clearing also makes the creditworthiness of counterparties less significant.
Anyone holding such loans relies solely on the creditworthiness of the borrowers to be repaid.
Certainly, the creditworthiness of governments should not be determined by a couple of rating agency committees.
So these people are now pronouncing on the creditworthiness of the United States of America?
That's absolutely essential to preserve the creditworthiness of the United States of America".
