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S&P sees corp high-yield default rate doubling by year end

by Crypto Editor
March 29, 2023
in Crypto
Reading Time: 1 min read

(Reuters) – S&P Global Ratings Credit Research & Insights said on Wednesday that it expects the U.S. trailing 12-month speculative-grade corporate default rate to reach 4% by December, more than double the 1.7% default rate at the end of December 2022.

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