February 6, 2008
Expert Predicts Increase in High-Yield Bond Default Rate
NYU finance professor Edward Altman predicts that high-yield bonds will default at a rate of 4.64% this year, up from 0.51% in 2007. This would be the highest rate since 2003. WSJ, A Year of Reckoning.
TrackBack URL for this entry:
Listed below are links to weblogs that reference Expert Predicts Increase in High-Yield Bond Default Rate: