Global credit outlook brightest since financial crisis (for now)

The short-term outlook for global sovereign and corporate borrowers is at its healthiest level in a decade, according to Fitch, but the ratings agency warned that rising interest rates and political uncertainty will threaten credit quality over the longer term.

In its quarterly credit outlook report, published on Monday, Fitch said the number of governments and organisations with positive credit outlooks now outnumbered the number with negative outlooks for the first time since the financial crisis.

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