Auto Sector Credit Troubles Piling Up: October 2020
To download the October 2020 Auto Aggregate PDF, click here. The worst may not yet have arrived for the US auto industry. In fact, there were some signs of recovery in Q3. But when a smaller-than-expected drop in sales is considered a good sign, it’s no surprise the credit quality for the industry is still […]
Energy Sector Credit Quality Deterioration Continues: October 2020
To download the October 2020 Oil & Gas Aggregate PDF, click here. . Challenges in the energy sector are numerous and persistent. These challenges are perhaps most evident in the US energy sector, where strained prices and weakened demand have accompanied months of reduced travelling for professional and personal reasons. Bankruptcies are increasing. Some firms […]
US, UK Housing Sectors Continue Slow Decline in Credit Quality: October 2020
To download the October 2020 Housing Aggregate PDF, click here. . Once again, no news may be good news for the US housing sector. There are positive forces, such as interest rates for mortgages at or near record lows, and a potential trend of buyers moving away from urban areas amongst other factors that may […]
October Credit Consensus Indicators (CCIs) – UK, EU and US Industrials
Credit Benchmark have released the October 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, UK Retail Sector Credit Quality Worsens Yet Again: October 2020
To download the October 2020 Retail Aggregate PDF, click here. Retail sales may be rising, even if the pace in August was lower than anticipated, but retailers themselves continue to struggle. The number of store closings in the US has remained higher than openings most weeks, bankruptcies are at a notable high and there’s potential […]
End-September 2020 Financial Counterpart Monitor
The Financial Counterpart Monitor from Credit Benchmark provides a unique analysis of the changing creditworthiness of financial institutions. The report, which covers banks, intermediaries, buy-side managers, and buy-side owners, summarizes the changes in credit consensus of each group as well as their current credit distribution and count of entities that have migrated from Investment Grade […]
End-September Industry Monitor
Download the End-September Industry Monitor infographic below. Credit Benchmark have released the end-month industry update for September, based on the final and complete set of the contributed credit risk estimates from 40+ global financial institutions. In the update, you will find: Compared to the figures seen in the September Mid-Month Industry Monitor, the September End-Month […]
Rising Stars: Who is Shining Brightly?
Amid an onslaught of negative credit news, there are some bright spots. So-called Rising Stars, sectors whose credit quality has moved from high-yield or “junk” status to investment-grade, are growing, slowly but surely.
Fallen Angels: Is the Curve Flattening?
Fallen Angels – companies whose credit quality has shifted from investment-grade to high-yield or “junk” status – continue to grow in number but at a slower pace than what we’ve been seeing for the past several months.
Credit Quality Continues to Fall for US, UK Auto Sectors: September 2020
To download the September 2020 Auto Aggregate PDF, click here. Much like the beleaguered US energy sector, the US auto industry continues to see credit quality deteriorate. On top of reduced demand and general economic concerns, there are staffing issues that could prevent factories from meeting the demand that is still in the marketplace. The […]
