Rating agency sees modest profit improvement ahead for industry
Outlook shifts to neutral as banks adapt to higher rate environment
Amid growing financial strains, default volume has almost doubled
High interest rates boost firms' profits, capital positions
Amid higher interest rates, rising debts, payment struggles surge
Traditional managers to face greater pressure than alt managers
Slowing forecasts diverge as the growing pain of higher rates plays out
Biden administration criticizes the Moody's decision, insisting that the U.S. economy remains strong
Rates staying higher will continue to drive credit outlook, Moody's says
The rating agency's concerns stem from recent adverse events at the bank