HY default rate will fall this year, rise next – Moody’s
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Corporate Bonds

HY default rate will fall this year, rise next – Moody’s

The global corporate default rate for speculative grade issuers edged 10bp higher to 1.9% in October, according to Moody’s. This is far below last year’s global rate of 3.8% in October. For the end of the year Moody’s forecasts another fall to 1.4%.

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