Although corporate liquidity is better than it was in early 2017, the index remains below its long-term average, the credit-rating agency reports
However, the global speculative-grade default rate is expected to decline to 3% by yearend, well below the historical average of 4.2%
Moody’s liquidity stress index fell below its historical average of 6.8% in October, a milestone related to the gradual let-up of challenges in the oil and gas sector
The Trump presidency is likely to mean rising bond yields as spending rises and taxes decline
A “dramatic rise” in primary bond market transaction volumes has resulted in increased demand for credit ratings information
Moodys expects Canadian firms to increase use of high-yield debt market in 2017
The self-regulatory organization is also considering an expansion of the service that would allow it to distribute data for bulk download for a fee
Bond investing strategies are changing as the U.S. and Canadian central banks head in opposite directions
Prolonged low interest rates are leading to a buildup in debt and deterioration in credit quality, Moody’s report finds
An increase in interest rates would mark the end of the 34-year bond bull market and hit long government bonds especially hard