Default Risk Rising Quickly for US Auto Sector
To download the May 2020 Auto Aggregate PDF, click here. Problems for the US auto sector are making themselves known in credit data, and credit data for the UK already reflects ongoing issues. This comes as the US reaches a possible bottom in COVID-19-related sales declines, with some dealers reporting reasons for optimism as the […]
Oil & Gas Credit Risk is Getting Worse
To download the May 2020 Oil & Gas Aggregate PDF, click here. . The energy sector remains in a precarious position. Even with a recent upward trend in prices, helped by an OPEC agreement to cut production, the underlying economy remains weak and many are traveling far less than they used to before the pandemic […]
Luxury Goods: A Sector on the Edge
Download the full Luxury Goods Aggregate Analytics infographic below. The Luxury Goods sector has had phenomenal success over the past ten years. Growing global middle classes and readily available credit have paved the way for a social media-driven explosion of demand for high quality brands. Every major city now has at least one destination street […]
Credit Quality for US Housing Sector Deteriorates Sharply
To download the May 2020 Housing Aggregate PDF, click here. . Problems in the US housing sector abound. Credit quality for both US- and UK-based firms continues to deteriorate, but the moves are significantly more dramatic in the US, with average probability of default increasing 3% over the last month and 13% over the past […]
Risk.net: Coronavirus Takes Toll on Corporates
Monthly Credit Trends for Top 100 Fund Managers, Global Airlines & Airports, Australian Corporates, and Irish Corporates & Financials.
May Credit Consensus Indicators (CCIs) – UK, EU and US Industrials
Credit Benchmark have released the May Credit Consensus Indicators (CCIs). The CCI is an index of forward-looking credit opinions for US, UK and EU Industrials based on the consensus views of over 20,000 credit analysts at 40 of the world’s leading financial institutions. Drawn from more than 800,000 contributed credit observations, the CCI tracks the […]
US Corporate Credit Migrations: c-category grows by 70%
The BBB cliff has been widely discussed and the growing number of recent “Fallen Angels” shows that a number of corporates are falling over the cliff edge. The chart below shows the recent pattern of US Corporate credit migration across the 7 main credit categories, for a sample of 2219 companies. US Corporate Credit Migrations, […]
May Flash Update
Download May intra-month flash update infographic below. Credit Benchmark have released the intra-month flash update for May, based on a partial subset of the contributed credit risk estimates from 40+ global financial institutions. In the update, you will find: Compared to the figures seen in the April End-of-Month Update, the May intra-month flash update shows: […]
Turbulent Equity Markets Mirror Rising Credit Risk
Equity markets have experienced near-record levels of volatility in the past few months and consensus credit risk estimates have also showed major changes recently. This analysis suggests that the link between credit risk and equity markets may be significant, especially in the current environment.
Credit Risk Surges for US, UK Retailers
To download the May 2020 Retail Aggregate PDF, click here. Default Risk for US Retailers Up 6% in Last Month US General Retail Firms Credit quality for US general retail firms has plummeted 6% over the last month and 12.3% across the past year. The average probability of default for the sector is now 52.2 […]
