NEW YORK, April 6 (Reuters) - Moody's Investors Service said on Tuesday that debt rating upgrades in the first quarter outpaced downgrades, although credit quality improvements were uneven across the globe and varied by industry.
The rating agency said that overall there were 0.99 downgrades for every upgrade, down from 1.3 downgrades per upgrade during the previous quarter and 3.9 downgrades per upgrade a year ago.
"The improvement in credit quality has not been the ...
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