Research & Analysis

Monthly Bond Market and Rating Snapshot – March 2023 – Summary

Global Bond Markets Global government bonds saw risk-off rallies in March amid the banking sector turmoil in the US and Europe. As a result, bond yields mostly declined across the curve. Going forward, major central banks are likely to continue focusing on striking a balance between containing elevated inflation on the one hand and rising

Monthly Bond Market and Rating Snapshot – March 2023 – Summary Read More »

Monthly Bond Market and Rating Snapshot – February 2023 – Summary

Global Bond Markets Global government bonds mostly came under selling pressure in February on the growing possibility of “higher for longer” interest rate policy. This is not surprising given that inflation on both sides of the Atlantic continue to hover more than two times above major central banks’ 2% target. Meanwhile in China, bonds traded

Monthly Bond Market and Rating Snapshot – February 2023 – Summary Read More »

MARC Ratings publishes 2022 annual corporate default and ratings transition study

MARC Ratings today published its 2022 Annual Corporate Default and Ratings Transition Study which tracks corporate ratings assigned by the rating agency since its inception in 1996 through 2022. This is MARC Ratings’ 18th Annual Corporate Default and Ratings Transition Study. In 2022, MARC Ratings’ corporate portfolio recorded two rating downgrades and two upgrades. When

MARC Ratings publishes 2022 annual corporate default and ratings transition study Read More »

Monthly Bond Market and Rating Snapshot – January 2023 – Summary

Global Bond Markets Government bonds rallied on both sides of the Atlantic in January as easing inflation momentum renewed hopes of less aggressive monetary policy tightening by central banks. In China, relatively lower CGB yields became less enticing to investors as yields on developed economy bonds are expected to peak soon.

Monthly Bond Market and Rating Snapshot – January 2023 – Summary Read More »

Monthly Bond Market and Rating Snapshot – December 2022 – Summary

Global Bond Markets  Government bonds saw heavy selloff on both sides of the Atlantic as investors digested the latest statements of major central banks. In China, on the other hand, government bonds saw some buying interest due to an earlier-than-expected reopening of the Chinese economy and kicking in of government support for the debt-ridden property

Monthly Bond Market and Rating Snapshot – December 2022 – Summary Read More »