S&P Global Inc. lifts 2025 earnings outlook amid strong bond-issuance market

S&P Global raised its full-year earnings guidance after its ratings business enjoyed a surge in global corporate bond issuance. The company noted tighter credit spreads and high debt-issuance volumes as key drivers of better-than-expected performance. As a result, S&P Global’s shares rose following the update and investors voiced optimism about the durability of its earnings across a favourable credit-markets backdrop.