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IFRS 9 could worsen leveraged default rates, according to S&P

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By Owen Sanderson
30 Jan 2019

S&P expects speculative grade default rates to rise to 2.6% in 2019, from 1.9% at the end of last year, thanks to tightening credit conditions, and slowing economic growth. But new accounting standards could also worsen the credit cycle.

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By Owen Sanderson
30 Jan 2019