If the rating agencies care to write down government debt then the government should write down the rating agencies

I was in a discussion on email with some informed people today when this comment was made: Fitch lowered its credit rating of UK government bonds from AA to AA- last week. The next step is A – which means that UK government bonds  could not be bought by most of their current holders ( […]

source https://thebtrader.com/2020/04/05/if-the-rating-agencies-care-to-write-down-government-debt-then-the-government-should-write-down-the-rating-agencies/?utm_source=rss&utm_medium=rss&utm_campaign=if-the-rating-agencies-care-to-write-down-government-debt-then-the-government-should-write-down-the-rating-agencies