Investor Presentaiton
1.
2.
$ Millions
Historically, Moody's Revenue and Interest
Rates Have Not Been Strongly Correlated
MCO revenue and interest rates
$8,000
MIS Revenue (L)
MIS Revenue Guidance IMA Revenue (L) IMA Revenue Guidance
IMCO Revenue (L)
10-yr U.S. Treasury Yield (R)1
7.8%
$7,000
$6,000
$5,000
5.8%
$4,000
+200bps
4.7%
$3,000
$2,000
$1,000
$0
Source: www.treasury.gov.
Moody's | Better decisions
1996
+180bps
6.5%
2004
+100bps
+120bps
3.3%
3.0%
2.3%
1.8%
0.9%
10-year U.S. Treasury Yields are represented by the rate at the end-of-period.
See press release titled "Moody's Corporation Reports Results for Fourth Quarter and Full Year 2021; Sets Full Year 2022 and Medium-Term Outlooks" from February 10, 2022 for Moody's complete full year 2022 guidance.
Note: Gray bars reflect periods of significant increases in the 10-year U.S. Treasury Yield.
9%
8%
7%
6%
5%
4%
3%
1.5%
2%
1%
2022F
0%
4Q & FY 2021 Investor Presentation 70View entire presentation