Welcome to the twelfth issue of Credit Market Pulse, a publication for the credit risk industry which provides a holistic overview of the credit health of global capital markets.
In addition to the global credit risk trends of corporations and major indexes, key highlights from this issue include:
- Global credit quality of the S&P 1200 falls to the non-investment grade
- Energy, Telecommunications Services, and Materials sectors lead in credit risk
- Projected defaults rise again following moderation, with Western Europe's and North America's PDs both mapping to the lowest investment grade
- Import/Export companies in APAC feel the stress of the global economic slowdown