Highly-indebted countries could face a negative feedback loop
Regulator reluctant to intervene despite competition concerns
Financial strains continue amid high rates, but recession risk receding
Banks, insurers tend to benefit from higher rates even as financial stress builds, rating agencies say
Defaults expected to rise in early 2024 before easing in second half
Declining net interest income and rising credit stress to weigh on results in 2024
Disruption to key global shipping lanes has varied credit impacts, DBRS says
U.S. banks are set to report brighter investment banking and trading revenue, a report says
Relaxing mortgage rules could help borrowers but also boost credit risks
The ratings agency says the provinces have strong fiscal discipline