| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers M > Headlines for Moody’s Investors Service > News item |
Moody’s speculative-grade default rate inches up to 2.3% in October
By Caroline Salls
Pittsburgh, Nov. 12 – Moody’s Investors Service’s trailing 12-month global speculative-grade default rate finished at 2.3% in October, slightly up from 2.2% in September, according to a news release.
Moody’s said the latest reading came in below the prediction of 2.8% it made a year ago.
Moody’s said it now predicts that the default rate will end 2014 at 2.3%, well below the historical average of 4.7%.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.