ricpast
Sono un tipo serio
..grazie a mark della segnalazione!
Fonte: Jyske
S&P also reduces its default rate estimate
S&P reduced its estimate of how high the default rate can go within the next eighteen months. Earlier Moody's reduced its twelve-month estimate. For Q1 2008 the rate is expected to reach 3.5%; the earlier estimate was for 4%. For last month the rate was 1.44%. S&P rests its estimate on the proportion of credits rated CCC or lower whose rating outlook is negative. Currently this applies to debt in the value of USD 10.2bn. The bonds are mainly issued by companies within the automotive industry, forestry, building materials, and media. At present, there is a high risk of default by Dura (car-parts supplier). Yesterday Lehman changed its recommendation for high-yield paper to overweight. In the longer term there is a risk that an economic slowdown would have an adverse effect on the asset class (in a relative perspective), but for the next few months, the basis for corporate bonds will remain strong and attractive.
Fonte: Jyske
S&P also reduces its default rate estimate
S&P reduced its estimate of how high the default rate can go within the next eighteen months. Earlier Moody's reduced its twelve-month estimate. For Q1 2008 the rate is expected to reach 3.5%; the earlier estimate was for 4%. For last month the rate was 1.44%. S&P rests its estimate on the proportion of credits rated CCC or lower whose rating outlook is negative. Currently this applies to debt in the value of USD 10.2bn. The bonds are mainly issued by companies within the automotive industry, forestry, building materials, and media. At present, there is a high risk of default by Dura (car-parts supplier). Yesterday Lehman changed its recommendation for high-yield paper to overweight. In the longer term there is a risk that an economic slowdown would have an adverse effect on the asset class (in a relative perspective), but for the next few months, the basis for corporate bonds will remain strong and attractive.
