{"id":711137,"date":"2010-04-07T12:32:00","date_gmt":"2010-04-07T16:32:00","guid":{"rendered":"e2249889-c78b-43e3-9643-b1d7d4aa587b:419908"},"modified":"2010-04-07T12:32:00","modified_gmt":"2010-04-07T16:32:00","slug":"global-defaults-on-speculative-debt-falling-fast","status":"publish","type":"post","link":"https:\/\/mereja.com\/index\/711137","title":{"rendered":"Global defaults on speculative debt falling fast"},"content":{"rendered":"<p>The global default rate on high-yield, or speculative, debt is expected to fall to 2.8% by the end of 2010, according to Moody\u2019s Investors Services Inc. <\/p>\n<p>\u201cDefaults in 2010 will remain few and far between as long as the high-yield debt markets remain wide open for business and the global economic recovery is maintained,\u201d said Kenneth Emery, Moody\u2019s director of default research. <\/p>\n<p>At the end of the first quarter, the trailing 12-month global speculative-grade default rate was 9.9%. That\u2019s slightly higher than the default rate of 7.8% after the first quarter of 2009, but down from 13% at the end of December 2009. <\/p>\n<p>Mr. Emery said the trailing 12-month default rate will decrease due to the large number of defaults in the first half of 2009 dropping out of the 12-month window. <\/p>\n<p>In the United States, Moody\u2019s forecasts the default rate on high-yield debt will fall to 3.1% by year-end. In Europe, the ratings agency said the default rate is expected to decline to 1.4%.&nbsp; <\/p>\n<p><a href=\"mailto:dpett@nationalpost.com%20\">David Pett <\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/network.nationalpost.com\/NP\/aggbug.aspx?PostID=419908\" width=\"1\" height=\"1\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The global default rate on high-yield, or speculative, debt is expected to fall to 2.8% by the end of 2010, according to Moody\u2019s Investors Services Inc. \u201cDefaults in 2010 will remain few and far between as long as the high-yield debt markets remain wide open for business and the global economic recovery is maintained,\u201d said [&hellip;]<\/p>\n","protected":false},"author":2571,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4821],"tags":[],"class_list":["post-711137","post","type-post","status-publish","format-standard","hentry","category-news"],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9NivD-2YZX","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/711137","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/users\/2571"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/comments?post=711137"}],"version-history":[{"count":0,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/711137\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media?parent=711137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/categories?post=711137"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/tags?post=711137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}