RSS Feed by Calculated Risk on 8/14/2008 03:13:00 PM
Thursday, August 14, 2008
S&P: Junk Bond Default Rate Increases
From Reuters: Global junk bond default rate rises to 1.79 pct-S&P
The U.S. default rate rose to 2.37 percent in July from 1.92 percent in June ...S&P is forecasting the U.S. default rate will to 4.9 percent over the next year.
