Bonds - Italy's government-bond ratings were downgraded late Tuesday by Moody's Investors Service to A2 from Aa2, with a negative outlook. The move was driven in part by a "material increase" in long-term funding risks for euro-area sovereigns with high levels of public debt, such as Italy, according to Moody's. The agency affirmed its short-term ratings on Italy at Prime-1. The action concludes a review for downgrade Moody's started in June
