Moody's Speculative Default Rates Rise
May had the highest monthly default rate in the U.S. since August 2003 with eight companies defaulting, raising Moody's Investors Service's speculative-grade U.S. default rate to 2.3% from 2.1% in April.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ European securitization issuance database
- ✔ Daily newsletters across markets and asset classes
- ✔ 1 weekly securitization podcast