S&P Global trims back default forecasts

by Aurelia Butler 3 December 2020, 13:45 129 Views

The firm said it now expected the 12-month trailing corporate default rate to rise to around 9% in the United States and 8% in Europe by September 2021.

In October it had predicted U.S. rates would rise to 12.5%, albeit for a slightly different time frame of the following nine months, while Europe’s rate would climb to 8.5%.

Source: Economy - investing.com

UK services activity better than expected, despite new Covid curbs

U.S. reports record 2,800 Covid deaths in a single day, hospitals pushed to the limits

This portal is not a newspaper as it is updated without periodicity. It cannot be considered an editorial product pursuant to law n. 62 of 7.03.2001. The author of the portal is not responsible for the content of comments to posts, the content of the linked sites. Some texts or images included in this portal are taken from the internet and, therefore, considered to be in the public domain; if their publication is violated, the copyright will be promptly communicated via e-mail. They will be immediately removed.

S&P Global trims back default forecasts

UK services activity better than expected, despite new Covid curbs

U.S. reports record 2,800 Covid deaths in a single day, hospitals pushed to the limits

ITALIAN LANGUAGE

ENGLISH LANGUAGE