This report does not constitute a rating action. In this edition of Instant Insights, our key takeaways from recent articles include our global bond issuance forecast, the global refinancing study, credit implications of the U.S. midterm elections, the Fed’s policy stance, and technology-focused investment in the U.S. We dive into heightened scrutiny of data centers, implications of the PHP2Shell vulnerability, Europe’s digital transformation, stablecoin adoption in Hong Kong, U.S. industrial manufacturers, European airports, impact of physical climate risks on different sectors in Germany, Australia’s property market, Asia-Pacific reinsurers, EMEA re/insurers, and banks in Europe and Brunei. We also feature the default and rating transition study on Asia-Pacific corporates, our U.S. credit-estimate default forecast, This Month In Credit, U.S. municipal pools,
