Moody's cuts Portugal's rating 2 notches from from A1 to A3. While the move isn't a surprise as...

|By:, SA News Editor
Moody's cuts Portugal's rating 2 notches from from A1 to A3. While the move isn't a surprise as it simply brings Moody's in line with S&P, it's another reminder that Portugal's debt load isn't sustainable, especially with its 2-year note now yielding 8%.