CreditSights News & Blog

Utilities may enjoy credit risk advantage over private infrastructure in 2023 S&P Global

Utilities may enjoy credit risk advantage over private infrastructure in 2023

CreditSights noted the ratios of several utilities' funds-from-operations-to-debt are trending positive and many utilities are…

Maria AcevedoArticle published date: January 17, 2023

Frackers Flush With Cash Shed Huge Debt Loads Wall Street Journal

Frackers Flush With Cash Shed Huge Debt Loads

Because shale companies have focused on debt reduction as the priority for the substantial cash…

Maria AcevedoArticle published date: January 11, 2023

Corporations are still borrowing, despite high interest rates NPR

Corporations are still borrowing, despite high interest rates

“There’s always a certain percentage of debt that matures in any given year that will…

Maria AcevedoArticle published date: January 5, 2023

Winding down a rough 2022 with higher hopes for 2023 The Bond Buyer

Winding down a rough 2022 with higher hopes for 2023

Patrick Luby, Senior Market Strategist, Municipal Market Strategist at CreditSights, and John Ceffalio, Senior Research…

Maria AcevedoArticle published date: December 20, 2022

China May Ease ‘Three Red Lines’ Property Rules in Big Shift BNN Bloomberg

China May Ease ‘Three Red Lines’ Property Rules in Big Shift

“This is a signal from the top regulators in an attempt to help restore market…

Maria AcevedoArticle published date: January 5, 2023

Munis rally, outflows lessen; Fed minutes suggest no rate cuts in ’23 The Bond Buyer

Munis rally, outflows lessen; Fed minutes suggest no rate cuts in ’23

When new issue supply picks up or secondary market selling surges, CreditSights strategists said, "long-duration…

Maria AcevedoArticle published date: January 4, 2023

High customer bills, not interest rates, to be tough issue for utilities in 2023 S&P Global

High customer bills, not interest rates, to be tough issue for utilities in 2023

"We do not see any significant or even slightly concerning refinancing risk for utility over…

Maria AcevedoArticle published date: December 30, 2022

Muni ownership continues to decline in 3Q ’22 The Bond Buyer

Muni ownership continues to decline in 3Q ’22

The value of the municipal bond market decreased by 4.3% in the third quarter of…

Maria AcevedoArticle published date: December 30, 2022

Munis weaker once more, outflows continue The Bond Buyer

Munis weaker once more, outflows continue

Coming into 2022, there was "probably a little bit more constructive optimism about the market,"…

Maria AcevedoArticle published date: December 28, 2022

TREASURIES-Yields gain as inflation, personal income rise Yahoo Finance

TREASURIES-Yields gain as inflation, personal income rise

CreditSights’ Griffiths said that the Fed may not hike the rate as far as it…

Maria AcevedoArticle published date: December 23, 2022

ESG debt boom times appears to be a review of 2023 sales recovery Canada Today

ESG debt boom times appears to be a review of 2023 sales recovery

Euro investment-grade and high-yield spread ranges are likely to remain wide as “stubborn inflation and…

Maria AcevedoArticle published date: December 21, 2022

Munis sit back while USTs falter, equities end in the red The Bond Buyer

Munis sit back while USTs falter, equities end in the red

In the latest week, despite volatility in UST and equities, improved market technicals "have stoked…

Maria AcevedoArticle published date: December 19, 2022

UK retailers, restaurants and clubs brace for tough run-up to Christmas the Guardian

UK retailers, restaurants and clubs brace for tough run-up to Christmas

Amarveer Singh and Maria Nurgaziyeva, analysts at CreditSights, a debt rating agency, wrote: “December should…

Maria AcevedoArticle published date: December 19, 2022

Utilities Risk Squeeze by US Regulators After Shock Rebuffs on Rate Hikes BNN Bloomberg

Utilities Risk Squeeze by US Regulators After Shock Rebuffs on Rate Hikes

“With customer bills rising, you are going to see regulators shine a lot more light…

Maria AcevedoArticle published date: December 16, 2022

Elon Musk’s Tesla Share Sales Could Point to Debt Help for Twitter BNN Bloomberg

Elon Musk’s Tesla Share Sales Could Point to Debt Help for Twitter

“To the extent that Musk could buy back the debt at a significant discount to…

Maria AcevedoArticle published date: December 15, 2022

One Chart Shows It’s Not Easy Being Green for Energy Companies BNN Bloomberg

One Chart Shows It’s Not Easy Being Green for Energy Companies

Now, analysts at CreditSights Inc. are calling Dominion’s ill-timed sale an “ESG backfire,” noting that “Dominion…

Maria AcevedoArticle published date: December 14, 2022

With uncertainty over rates, recession fears, 2023 issuance expectations coming in mixed The Bond Buyer

With uncertainty over rates, recession fears, 2023 issuance expectations coming in mixed

CreditSights strategist Pat Luby said his estimate is closer to the $350 billion end of…

Maria AcevedoArticle published date: December 12, 2022

Electricity companies throw a wrench in Biden’s plans to eliminate greenhouse gases NPR

Electricity companies throw a wrench in Biden’s plans to eliminate greenhouse gases

Another is that these utilities just don't face much scrutiny from their state regulators. And…

Maria AcevedoArticle published date: December 5, 2022

Junk Issuance Seen Rebounding as Issuers Are Forced to Pay Up Bloomberg

Junk Issuance Seen Rebounding as Issuers Are Forced to Pay Up

CreditSights Inc. only expects $175 billion, according to Winnie Cisar, global head of credit strategy.…

Maria AcevedoArticle published date: December 1, 2022

Will Elon Musk really let Twitter go bust? the Guardian

Will Elon Musk really let Twitter go bust?

Twitter’s interest expense will be roughly $1.2bn a year, says Jordan Chalfin, a senior analyst…

Maria AcevedoArticle published date: November 29, 2022