Credit risk emerges as cause for concern

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      <subfield code="a">With the coronavirus bringing most global economic activities to a halt, a credit crisis seems to be on the horizon. A recent analysis by Moody's Analytics found that the pandemic has certainly resulted in a jump in credit risk in some countries as shown in its projected average probabilities of default (PD). However, the impact has not yet been severe and varies considerably across countries.</subfield>
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