Fitch Ratings sees the U.S. high yield default rate moving up in 2012 to 2.5%-3%, up from last...

|By:, SA News Editor

Fitch Ratings sees the U.S. high yield default rate moving up in 2012 to 2.5%-3%, up from last month's pace of 1.4% and a mark of 1.3% in 2010. "This group remains at risk in the soft growth environment projected for 2012."