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
2021 Outlooks
Moody's 2021 Outlooks provide forward-looking insight into the global credit trends shaping sectors and regions in 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.
China Growth & Credit
Policy uncertainties, unforeseen events, as well as long-term structural challenges pose credit risks to China, increasing credit differentiation between domestic regions and sectors.
Coronavirus Effects
The coronavirus outbreak is disrupting economies and credit markets worldwide.
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.
Digital Transformation
E-commerce and other digital service delivery will continue to ramp up as a result of rapidly changing consumer habits, with credit implications across a wide span of sectors.
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.
Pensions: Today's promises, tomorrow's credit challenges
Uncover the credit implications of pension obligations.
Policy Challenges
The continuation of fiscal support will be a top policy focus, as will geopolitical and trade tensions.
Regulation of Financial Institutions
The latest developments in regulation and capital requirements for banks and insurers globally.
Rising Debt Burdens
Weak earnings and solvency concerns will weigh on hard-hit issuers; more debt and relaxed underwriting will erode the positive effects of low interest rates on debt-servicing capacity.
Uneven Recovery
Recovery from the unprecedented economic shock of the coronavirus will be tenuous and inconsistent across countries, regions and sectors.
US Elections in Focus
The outcome of the US elections has the potential to affect business conditions and credit risk for a wide range of sectors.
US Housing & Housing Finance: pandemic shocks economy, puts sector on pause
Near-record low mortgage rates will not be enough to boost demand and the spike in unemployment leads to higher loan delinquencies and missed rent payments.