Debt Sustainability
The high debt loads amassed by governments and companies will raise repayment risks where growth and earnings prospects weaken. Low-rated corporate borrowers under liquidity or solvency stress may encounter increased credit challenges.

  • Outlook
    29 Jun 2022|Moody's Investors Service
    Global credit conditions have turned more negative on rising interest rates, the Russia-Ukraine military conflict, slower economic growth, surging prices for energy and commodities, renewed supply-chain disruption and financial market volatility.

    28 Jun 2022|Moody's Investors Service
    Broad-based inflation is depressing US consumer sentiment and lowering real earnings. A drop in savings rates and lower household wealth after recent financial market volatility could sharply slow private spending if inflation stays high. 

    Sector Comment
    27 Jun 2022|Moody's Investors Service
    New data indicates that sharp increases in mortgage rates are diminishing affordability for home buyers and cooling what had been a heated US residential real estate market.

    Sector In-Depth
    15 Jun 2022|Moody's Investors Service
    Inflation, especially rising food and energy prices, continues to erode the purchasing power of consumers in Europe. Higher interest rates will further strain household income, especially for borrowers with floating interest-rate debt.

    Sector Comment
    10 May 2022|Moody's Investors Service
    Annual consumer loan growth was 8.2% in Q1 2022, a credit negative because it indicates a continued loosening of underwriting standards.

    Sector In-Depth
    10 May 2022|Moody's Investors Service
    Although a large correction in house prices is not our baseline forecast, we have run scenario analyses based on a hypothetical severe drop in house prices across Europe.