The post-pandemic “race for space” is driving strong demand for housing globally. Higher building material costs have pushed up new house prices in the US by at least 25% in the past year; but over the same period, (highly seasonal) housing starts are up 7.4%.
UK housebuilders are not immune to global shortages of construction materials and skilled workers but – according to some sources – these have been amplified by Brexit [please continue below to access full report].
In the current low yield environment, many Sovereign bonds issued by different countries are priced at similar levels. However, this Read more
Credit Benchmark is a market-led response to three of the most critical issues facing credit risk professionals: 1) The need to Read more
This paper examines the use cases for Credit Benchmark’s Consensus Probabilities of Default (Consensus PDs), in the context of more Read more
The Basel Committee on Banking Supervision recently published wide-reaching proposals for reducing variation in Credit Risk Weighted Assets, with a Read more
