Topics

Topics are collections of timely and in-depth commentaries which offer insight into current events and trends impacting global credit markets. 

Highlights
All Topics
2020 Outlooks
Moody's 2020 Outlooks provide forward-looking insight into the global credit conditions and trends shaping key sectors and regions for the year ahead.
Africa: Emergence and transformation
The entry of several African sovereigns and large corporations into international debt capital markets prompted this centralized source for Moody's research.
Automotive Sector Transformation
Driven by technology, sustainability and changing consumer preferences, this transformation will have major ramifications for multiple sectors globally.
California utilities in the wake of the PG&E bankruptcy
The PG&E bankruptcy has significant credit ramifications for an array of utilities, power projects and cities in California. 
China: Increasing credit differentiation between regions and sectors
This page provides a centralized source for Moody's research related to key credit trends in China and the increasing credit differentiation between regions and sectors.
Covenants
This page aggregates all research regarding covenants published by Moody's Investors Service.
Credit Implications of Brexit
The UK's decision to leave the European Union has far-reaching credit consequences across all sectors and regions.
Cyber Risk
The growing intersection of supply chains, connectivity and access to data is increasing the potential risks for significant cyberattacks on governments and businesses worldwide.
Demographics: credit risks and opportunities
Demographic trends are impacting issuers across sectors globally, weighing on economic and fiscal growth. This page explores the credit implications of changing demographics.
Disruptive Technologies
Scaling up of digital technologies is accelerating the transformation of traditional businesses.
ESG Impact
Market participants are focusing more on the potential for ESG issues to affect investment decisions and to assist in the development of a more sustainable economy.
Global Investment Banks
Global Investment Banks have significant capital markets activities and business-model characteristics that can pose unique or pronounced risks to their creditors.
Green Bonds
Green bonds raise capital exclusively for projects or activities with specific climate or environmental sustainability aims. Moody’s research covers, trends, developments, and assessments
Healthcare Change and Innovation
This page provides a centralized source for Moody's research on key credit issues relating to healthcare. 
Islamic Finance
Islamic Finance is an important part of global capital markets in view of the rising demand in the Middle East and Asia.  
Libor and Euribor reform: what does the future hold?
Adapting to any reform or replacement of these benchmarks will involve numerous challenges and risks.
Lower-for-longer Interest Rates
An increasing share of assets globally is yielding very low or negative interest rates as monetary policy eases.
Pensions: Today's promises, tomorrow's credit challenges
Uncover the credit implications of pension obligations.
Political Risks
Domestic policy shifts and geopolitical uncertainty threaten to undermine credit conditions in many countries.
Recession Risks
Recession risks are on the rise as the global economic slowdown becomes more pronounced. Late-cycle risks continue to build amid higher leverage.
Regulation of Financial Institutions
The latest developments in regulation and capital requirements for banks and insurers globally.
Trade Tensions
Trade tensions pose ongoing risks to credit conditions and are causing shifts in global investment and supply chains.
US Housing: the recovery’s over – what’s next?
Following a long recovery, the US housing and housing finance markets are facing a more complex environment where home affordability has been decreasing across broad segments.