The U.S. is “leading the world in defaults” at 122 so far this year, with S&P Global data showing that the majority are occurring in the consumer products, oil &…
Tag: Default Risk
High-Yield Bond Defaults May Double, Says Gundlach
High-yield bond default rates may double as companies face further economic downturn, says DoubleLine CEO Jeffrey Gundlach. This according to a recent article in Bloomberg. During a webcast earlier this…
Bond Quality Spread Suggests Economic Slowdown, One Expert Says
The difference between junk bond yields and the rate on quality-rated corporate debt suggests that default risks are rising—”an ominous signal for the stock market,” says the Lakshman Achuthan of…