After a soft end to 2020 and a difficult start in 2021, the global economic recovery is projected to gain momentum in the coming year supported by the coronavirus vaccine rollout.
After a soft end to 2020 and a difficult start in 2021, the global economic recovery is projected to gain momentum in the coming year supported by the coronavirus vaccine rollout. The Asia-Pacific (APAC) region outperformed the other regions in 2020, though recent coronavirus outbreaks in a number of cities in Asia will drag on the pace of recovery in the opening months of the year.
The secular decline by Treasury bond yields since 1982 has been accompanied by a secular climb in the ratio of private and public nonfinancial-sector debt to GDP.
High yield bond issuance and newly rated loans from high-yield issuers have soared thus far in 2021.
Monetary and fiscal stimuli seem to be surfacing here, there, and everywhere.
Policymakers must tackle a host of challenges outside the traditional reach of housing policy—in trade, immigration, education, taxes and even municipal decision-making.
Weekly Market Outlook: Real GDP Growth's Biggest Improvement since 1950 May Power 2021's Profits Growth
Each noteworthy deterioration of U.S. corporate credit quality since 1982 was accompanied by a significant contraction of yearlong core pretax profits, where the latter is supplied by the National Income Product Accounts of the U.S.
Weekly Market Outlook: Stocks and High-Yield Performed Well Amid Prior Upturns by Treasury Bond Yields
How did financial markets fare during the four previous distinct upturns by Treasury bond yields since December 2008's Great Recession bottom for the 10-year Treasury yield?
Following the recessions of 1990-1991, 2001, and 2008-2009, the U.S. high-yield default rate peaked at June 1991's 12.3%, January 2002's 11.1%, and November 2009's 14.7%.
Markets now fret over the possibility that massive amounts of fiscal and monetary stimulus may damage future financial conditions and economic performance.
Following last week’s release of the Federal Reserve’s Comprehensive Capital Analysis and Review (CCAR) scenarios for 2021, join Mark Zandi and the Moody’s Analytics team as they discuss the CCAR scenarios.
Moody's Analytics' average expected default frequency metric of U.S./Canadian high-yield issuers, or high-yield EDF, recently sank to 2.36% for its lowest reading since the 2.35% of early October 2018.