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Benign Credit Outlook Comes With Blemishes (Capital Markets Research)
No forecast is free of downside risks. In a manner that is consistent with (1) the recent increase in the incidence of high-yield credit rating downgrades relative to upgrades and (2) a roughly unchanged reading for the average high-yield EDF (expected default frequency) metric since the EDF s month-long average last bottomed in February 2017, Moody s Default Research Group upwardly revised it
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Moody's Analytics
Moody’s Analytics, a unit of Moody’s Corporation, helps capital markets and credit risk management professionals worldwide respond to an evolving marketplace with confidence. The company offers unique tools and best practices for measuring and managing risk through expertise and experience in credit analysis, economic research and financial risk management.
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