Moody’s Investors Service has launched a new Credit Market Trends Service. The Web-based service provides access to Moody’s proprietary market indicators and daily commentary on the impact of economic developments on the world’s capital markets.

Among its features, the service focuses on global trends in corporate credit quality, including bond default rates and forecasts, and the latest statistics on credit rating upgrades, downgrades and reviews. It also features Moody’s proprietary corporate bond yield data, and statistics and analysis on new bond issuance and other capital market flows.

“This service is designed to extend our leadership in meeting the needs of fixed-income analysts and investment managers across the globe for timely, relevant data and analysis,” says Moody’s chief economist John Lonksi.

The commentary is updated on the site three to four times daily. In addition, a three-month archive of complete commentary is available by date, as well as a select topical archive in the areas of credit quality trends, issuance volumes, and yields and spreads.

“This service draws not only on the expertise of our market economists, statisticians, and default research team, but on the aggregate experience of our worldwide staff of credit analysts,” says Dan Russell, Moody’s SVP of product strategy.