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The U.S. high yield default rate (trailing 12-month average) falls to 2% in July from 2.2%...

The U.S. high yield default rate (trailing 12-month average) falls to 2% in July from 2.2% previously, reports Fitch, which continues to expect the rate to move higher, perhaps hitting 3% by year's end. A survey of money managers reveals a gloomy outlook, with participants seeing feeble GDP growth and the consequent deterioration for the high-yield sector.
Comments (4)
  • More proof that sentiment surveys and reality often have little to do with each other.
    20 Aug 2012, 10:05 AM Reply Like
  • Less risk and higher yield = DHF.
    20 Aug 2012, 10:08 AM Reply Like
  • I too shook my head over the commentary.
    20 Aug 2012, 10:08 AM Reply Like
  • I am new investor. Does this news good or bad for XOVR?
    20 Aug 2012, 10:13 AM Reply Like
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