Steady Improvement for US, UK Retail: September 2021
The retail sector is enjoying some long-awaited good fortune. According to the latest consensus data, credit risk has improved for both the US and UK retail sectors.
Fallen Angels and Rising Stars: Shifting Corporate Credit
Credit volatility remains in the picture for global corporates. The latest consensus data show increases in both the number of Fallen Angels – companies that have seen their credit scores fall from investment-grade to high-yield status – and Rising Stars – companies that have risen from high-yield to investment grade.
August Credit Consensus Indicators (CCIs) – UK, EU and US Industrials
Credit Benchmark have released the August 2021 Credit Consensus Indicators (CCIs). There is reason for optimism in the latest CCI data. Scores for the UK, EU, and US are all above 50.
Fallen Angels and Rising Stars: Credit Volatility Persists
Credit volatility remains in the picture for global corporates. The latest consensus data show increases in both the number of Fallen Angels – companies that have seen their credit scores fall from investment-grade to high-yield status – and Rising Stars – companies that have risen from high-yield to investment grade.
Ongoing Chip Issues Cloud Outlook for US, UK Auto Sectors: July 2021
The worst of the pandemic-related challenges may have passed but continued improvement for the US auto sector may be under threat unless supply chain problems ease.
The UK is seeing similar problems as credit for auto firms deteriorates, and lingering concerns about Brexit remain.
Energy Sector Credit Quality Enters Wait-and-See Mode: July 2021
Monthly changes in credit quality outlook for the energy sector were muted this month, with the US seeing some improvement and the UK seeing some deterioration in credit. The EU energy sector is stable.
July 2021 Financial Counterpart Monitor
The Financial Counterpart Monitor from Credit Benchmark provides a unique analysis of the changing creditworthiness of financial institutions.
July 2021 Industry Monitor
Credit Benchmark have released the latest end-month industry update, based on the final and complete set of the contributed credit risk estimates from 40+ global financial institutions.
UK Retail Holds Steady: July 2021
Stability is the current trend for the UK retail sector though challenges for the sector remain. US retail continues on a slow and steady path to improvement.
Sector Risks Revealed in Fallen Angels and Rising Stars
The Fallen Angels and Rising Stars Monthly Monitor reflects shifts to and from investment-grade and high-yield status for global corporates. While corporate credit risk has been improving across many industries, data from individual sectors may provide a clearer picture of trends in the months ahead.