Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

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Wednesday, 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.

http://lawprofessors.typepad.com/securities/2008/02/expert-predicts.html

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