As we enter the late part of the #credit cycle, balance sheets start to deteriorate, credit #spreads start to widen and default rates start to rise. According to the chart below, #defaults for the #highyield bonds could peak at 10% in the US and around 6% in Europe. S&P believes defaults could reach 6% in the US in a pessimistic scenario. Today, default rates for US high yield are currently below 2%.
Want to know more? join Fund@mental here https://apps.apple.com/us/app/fund-mental/id1495036084
#iamfundamental #soyfundamental #wealthmanagement #familyoffice #financialadvisor #financialplanning
Source: Deutsche Bank.
ความคิดเห็น