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The high yield default rate holds steady at 2.2% in June, reports Fitch, with the rate of...

  • Wednesday, July 18, 2012, 3:13 PM ET
    The high yield default rate holds steady at 2.2% in June, reports Fitch, with the rate of defaults in 2012 H1 matching 2011 H2, but sharply higher than 2011 H1. The weighted average recovery rate in 2012 H1 was 57.8% of par, well higher than the 35.9% seen over the last 12 years. Fitch expects the full-year default rate to end at 2.5-3%. (full report, .pdf)
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    2.2% loss with 7.18% yield says Money Maker to me.
    18 Jul 2012, 03:14 PM Reply Like
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