For the first time since 2007 none of the corporate issuers rated by Moody’s defaulted during the month.
But managers of high-yield fixed-income funds suggest that investors be cautious in 2011
Rating agency expects continued stability in 2011
The global speculative-grade default rate dropped to 3.3% in November, down from 3.7% the previous month, Moody’s Investors Service said Tuesday.In a new report, the ratings agency said that a year ago the global default rate stood at 13.6%. It sees it falling further from here in the months ahead. Moody’s default rate forecasting model […]
Canadian firm’s responding to increased appetite for speculative-grade debt
Default expectations remain stable
Corporate bonds, high yield debt offer opportunities
Only one company defaulted in May
High-yield bond issuance may increase
Global high yield bond sales hit record in Q1