A 2% High Yield Default Rate is Projected in 2020
June 19, 2019 at 10:35 AM EDT
According to a new Fitch Ratings report, a 2 percent high yield default rate is projected for 2020 based on a record low 12 percent ‘CCC’ share of issues and only 5 percent of outstanding debt due before 2021. The forecast takes into account continued economic growth, but heightened...
