Ultimately, reduced settlement cycle will pay off for overall financial system
New issue activity on track to meet US$950 billion full-year forecast
Unlikely that Fed will see enough support for a June cut, Moody's says
Robust investment banking revenues to drive improved earnings
High interest rates, slowing growth pose major challenges
Green and social goals can operate hand in hand, report notes
Robust consumer spending is fuelled by credit growth, report says
Rising defaults a symptom, not the cause, of macro stress, Moody's finds
Defaults expected to rise in early 2024 before easing in second half
Global issuance for 2024 is estimated at US$950 billion