Default rates on junk bonds were 4.8% in January, up 70 bps from December's 4.1% and from 1.1%...

|By:, SA News Editor
Default rates on junk bonds were 4.8% in January, up 70 bps from December's 4.1% and from 1.1% one year ago. Moody's predicts defaults will peak in November - at 16.4%.