The U.S. high-yield default rate slipped slightly to 1.8% in February, according to Fitch....

|By:, SA News Editor

The U.S. high-yield default rate slipped slightly to 1.8% in February, according to Fitch. Through 2013's first two months, 6 issuers have defaulted totaling $2.8B, compared to 7 and $2.5B a year ago. March has added 2 more filings and $1.5B, including Atlantic City's Revel Casino.