Seeking Alpha

With rising rates forcing some issuers out of the market, Moody's expects the U.S. high-yield...

With rising rates forcing some issuers out of the market, Moody's expects the U.S. high-yield (HYG, JNK) default rate to rise to 3.2% by November from 2.9% now. It's hardly bad news as that's still well below the 4.5% average since 1993 and the peak rate of 14% in 2009, and Moody's expects the default rate to fall to 2.6% by mid-2014 as issuers return to the market once volatility subsides.
 
From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs