Global Credit Insights from Morningstar DBRS - July 2025

This publication highlights some of the most pertinent research issued by Morningstar DBRS for the global market as follows:

-- Defense Spending: A Multi-Year Boost to Canada's Construction Sector

-- Omnibus: Impact From Simplifying EU Sustainability Rules

-- Insurance Companies Increasingly Look to AI for Growth and Profitability

-- EU Trade Deal with the U.S. Likely, but 20% Tariffs Would Further Raise Economic Risks and Strain Public Finances

-- U.S. RMBS 2025 Midyear Outlook: Volume Up and Credit Steady in H1; Can H2 Continue the Trend?

-- Spain's Foreclosure and Bankruptcy Landscape: Stability on the Surface, Pressure Beneath

-- U.S. Structured Credit and Funds 2025 Midyear Outlook

-- North American Commercial Real Estate 2025 Midyear Outlook

-- Morningstar DBRS Ratings Activity