Moody’s: Speculative-grade credit default rate to rise in 2023
Moody’s Investor Services expects the global speculative-grade corporate default rate to rise in 2023 as slowing economic growth, higher input costs and rising interest...
Examining the (Thames) Water fall
In 2013 when markets still looked precarious amid the fallout from the financial crisis, utilities were a good investment.
With a near cast-iron cashflow...
Digital bond issuance: From zero to US$1,500,000,000 in 12 months
S&P Global Market Intelligence has assessed that the digital bond market “remains a work in progress” as new bond issuance focuses on testing in...
Katana expands instrument universe by 30,000 bonds
With a reported accuracy of 91%, Katana uses machine learning algorithms and the latest big data technologies to analyse live and up to ten...
The changing liquidity picture for fallen angels and rising stars
When a company has its credit rating adjusted, the impact on bond liquidity is not entirely predictable. In a changeable rate environment as seen...
S&P Global Ratings: European credit spreads still wide
In its latest ‘Europe Credit Markets Update’, S&P Global Ratings has painted a grim picture for European borrowers, notably in the high yield space,...
Bloomberg adds Credit Benchmark data to terminal; expands relationship with Lombard Odier
Bloomberg will make Credit Benchmark’s credit risk data – derived from the risk views of global financial institutions – available on the Bloomberg Terminal,...
AXA IM: Credit downgrades increases concentration and liquidity risk in index investment
A decrease in the average credit quality of fixed income indices and intensifying competition for high quality assets present increasingly serious challenges for UK...
AFME confirms HY deals on par with pre-Covid levels
In a new report on high yield (HY) bonds and leveraged loans, the Association of Financial Markets in Europe (AFME) has found that since...
The US: Too big to Fitch?
Ratings agency Fitch has downgraded the United States’ long-term credit ratings to AA+ from AAA and removed the rating ‘Watch Negative’ stating “ reflects...
